Ruihe Smart Co., Ltd. Plans to allocate HKD 80 million for Web3.0 development and cryptocurrency investments over two years. This strategy aligns with their ongoing operations in artificial intelligence and big data, indicating a significant shift towards emerging digital assets.
Industry analysts predict that Ruihe’s investment could set a precedent for other companies in Hong Kong to venture into Web3 technologies, enhancing innovation. However, the market awaits responses from regulators such as the Hong Kong’s Securities and Futures Commission.
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