Ruihe Digital Intelligence Approves HKD 80 Million Budget to Expand into Web3 and Crypto Asset Sector
According to ChainCatcher, Hong Kong-listed company Ruihe Digital Intelligence (03680.HK) has announced that its board of directors has resolved to formally enter the Web3.0 and cryptocurrency asset sectors, while consolidating the Group’s existing artificial intelligence and big data businesses. The board has also approved a budget totaling HKD 80 million to be used over the next two years for the Group’s development of Web3.0 business and investment in cryptocurrency assets (Cryptocurrency Asset Investment Plan).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Zenix Robotics Invests 5.08 Billion Won to Expand Production Capacity

Anthropic (ANT.US) targets IPO at trillion-dollar valuation; venture capitalists warn it may signal the peak of the AI market
Venture capitalist Selby warns that Anthropic’s trillion-dollar valuation IPO could signal the peak of the AI market, and the expiration of the lock-up period may trigger a chain reaction of corrections.
Wall Street's "Great Rotation" Underway: AI Trading Fades, Tech Stocks Out of Favor, Capital Flows Shift to Defensive Sectors
Analysts point out that as investors shift their bets from high-risk technology sectors to defensive stocks, the market is currently in a "state of alert".

Barrick Gold (ABGC.US) applies for U.S. IPO, aiming to raise up to 6 billion dollars
American Barrick Gold has submitted its initial public offering (IPO) application to the U.S. Securities and Exchange Commission (SEC).
