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.