Metaspacex (HKG:1796) entered into a cooperation agreement with Popcorn Technology to jointly develop digital asset and blockchain-related businesses, according to a Jan. 9 Hong Kong bourse filing.
Shares of the firm were up nearly 7% in Monday morning trade.
Under the agreement, the two parties will establish a project company to operate the venture.
Popcorn Technology will provide technical services, including the development of a public blockchain, digital wallet, blockchain explorer, and cryptocurrency trading platform, as well as advisory services on obtaining a cryptocurrency exchange licence, the filing said.