Summary
- Treasure Global Inc. announced a digital asset treasury strategy worth $100 million.
- They stated their plan to acquire a range of digital assets, including Bitcoin (BTC), Ethereum (ETH), and stablecoins.
- The company said this digital asset strategy aims to boost financial efficiency and build out blockchain-based payment infrastructure.
Treasure Global Inc., an e-commerce platform listed on NASDAQ, has announced a digital asset (cryptocurrency) treasury strategy worth $100 million.
According to GlobeNewswire on the 4th (local time), Treasure Global Inc. has begun a digital asset reserve strategy valued at $100 million. Depending on future market conditions, the company plans to acquire a variety of digital assets, including Bitcoin (BTC), Ethereum (ETH), and stablecoins.
Treasure Global Inc. added, "Through our digital asset strategy, we plan to enhance financial efficiency and establish the foundation of a blockchain-based payment infrastructure."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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