Reiz Digital Approved HK$80.00M to Develop Web3 Business and Invest in Cryptocurrency Assets

Hong Kong-listed company Ruihe Digital Technology Holding Co., Ltd. (3680.HK) has announced its strategic entry into the Web3 and cryptocurrency asset field. The board of directors has approved a budget of up to HK$80,000,000.00 for business expansion and asset allocation in related fields over the next two years. The company stated that this move is aimed at responding to Hong Kong's policy support for the development of the digital asset industry, and the initial plan will focus on compliant digital currencies, real-world asset (RWA) projects, and related asset management products. [Wu Blockchain]