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Hong Kong-listed company Jiu Fang Zhi Tou plans to raise HK$746 million through rights issue to invest in stablecoin operating entity
Summary: According to reports, Hong Kong-listed company Jiu Fang Zhi Tou announced plans to issue up to 20 million shares at a price of HK$39.25 per share, expecting to raise a net amount of HK$746 million. The funds will be used to develop on-chain financial resources, strategically invest in underlying assets of RWA, digital asset exchanges, ...
According to reports, Hong Kong-listed company Jiu Fang Zhi Tou announced plans to issue up to 20 million shares at a price of HK$39.25 per share, expecting to raise a net amount of HK$746 million. The funds will be used to develop on-chain financial resources, strategically invest in underlying assets of RWA, digital asset exchanges, digital asset trust banks, and stablecoin operating entities. In addition, the company also stated its intention to expand digital asset services, build a foundation for digital asset trading and asset management, develop digital asset investment services for retail customers, explore new models for digital asset investment advisors, and supplement working capital.
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Link: Hong Kong-listed company Jiu Fang Zhi Tou plans to raise HK$746 million through rights issue to invest in stablecoin operating entity [Copy]
