Elate Holdings' Subsidiary, EGL, Enters Partnership for Utility Tokens with Goldpay and Lotus TV

Reuters

05/20

Elate Holdings' Subsidiary, EGL, Enters Partnership for Utility Tokens with Goldpay and Lotus TV

Elate Graphite Limited $(EGL)$, a wholly-owned subsidiary of Elate Holdings Limited, has entered into a strategic business partnership with Goldpay Limited and Macau Lotus TV Media via Satellite, Ltd. Under the agreement, EGL will serve as a consultant on technical blockchain issues, while Goldpay will issue utility tokens for use by Lotus TV's audience. These tokens can be used to redeem advertising time, sponsor a 24-hour web3 program, and purchase goods in the Lotus Club mall. This partnership highlights the growing trend of integrating artificial intelligence and cryptocurrency in business operations. However, EGL's future financial contribution to the group remains uncertain, and stakeholders are advised to exercise caution.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Elate Holdings Limited published the original content used to generate this news brief on May 20, 2025, and is solely responsible for the information contained therein.

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Elate Holdings Limited published the original content used to generate this news brief on May 20, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1167","symbol_name":"电子制造服务","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250520:nNDL9s3P2b:1","article_id":"2536669192","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2536669192","pubTimestamp":1747730830,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Elate Graphite Limited , a wholly-owned subsidiary of Elate Holdings Limited, has entered into a strategic business partnership with Goldpay Limited and Macau Lotus TV Media via Satellite, Ltd. 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