IVD MEDICAL (01931) Acquires US Property and Establishes US Subsidiary ETHK BANK to Advance Stablecoin and IP Securitization Business

Stock News
Oct 13

IVD MEDICAL (01931) announced that the company has recently completed the acquisition of a property located in Irvine, Orange County, California, USA, for a total consideration of US$4.365 million. Simultaneously, the company has incorporated a wholly-owned subsidiary, ETHK BANK Inc. (ETHK BANK, registration ID: 20251886812), in Colorado, USA, to serve as an important platform for the group's stablecoin, medical and innovative pharmaceutical intellectual property securitization exchange-related business in the North American market.

These initiatives represent the group's strategic deployment in response to global trends in digital finance and intellectual property securitization, leveraging North America's mature regulatory environment and innovative asset market potential. The moves aim to further strengthen the group's global business synergy capabilities and create sustainable long-term value for shareholders and investors.

The property, with parcel number APN 588-206-19, is located at 9840 Irvine Center Drive, Irvine, Orange County, California, USA (ZIP: 92618). It covers approximately 4,960 square feet (about 0.113 acres) and includes a two-story office building of approximately 9,920 square feet, featuring office areas, conference rooms, and supporting facilities suitable for both office and research and development purposes.

The property will be developed as the group's strategic headquarters in the United States, primarily supporting stablecoin public chain technology research and development, intellectual property securitization, and other innovative capital operations. It will serve as a physical hub connecting global innovative assets with capital markets, realizing a complete business ecosystem "from knowledge to capital" and providing an efficient, transparent platform for the value realization of intangible assets.

Additionally, the group's RWA-related business originally deployed in mainland China and Hong Kong, including global RWA exchange technology ecosystem construction, the "ETHK Global RWA Exchange-within-Exchange" model, RWA technology development, and the "ETHK On-Chain Financial Ecosystem" strategy encompassing stablecoins and Web3, will be gradually integrated into ETHK BANK to achieve optimal global resource allocation and effective risk management.

The announcement stated that through the acquisition of US property and establishment of ETHK BANK, along with actively advancing stablecoin public chain technology development, the group is steadily pursuing strategic transformation into a leading global stablecoin and high-tech intellectual property capital operator, committed to promoting deep integration between on-chain financial infrastructure and the real economy.

The Board believes that this move not only aligns with global digital economy and fintech innovation trends but is also expected to open new growth pathways for the group, promoting value discovery and efficient circulation of high-quality global assets.

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