Blue Hat Interactive (08267.HK) Soars Over 19% Afternoon on LK Crypto Division Launch for Web3 Expansion

Stock News
Jul 16

Shares of Blue Hat Interactive Entertainment Corporation (08267.HK) surged more than 19% during afternoon trading. At publication time, the stock maintained a 15.15% gain at HK$0.57, with turnover reaching HK$2.32 million.

The company announced the establishment of its "LK Crypto" division at midday, accelerating its strategic deployment in Web3 and real-world asset tokenization (RWA). According to the official statement, this reorganization aims to optimize the group's operational framework while consolidating cryptocurrency and Web3 resources. The move capitalizes on historic opportunities created by Hong Kong's Web3 regulatory landscape.

Serving as the core execution platform for the group's Web3 strategy, LK Crypto will oversee all blockchain and digital asset initiatives. Responsibilities include managing mainstream cryptocurrency holdings like Bitcoin, Ethereum, and Solana. The division will additionally coordinate crypto asset management across equity investments such as LK Venture, Marsbit, and Element.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10