Elate Graphite Limited, a wholly-owned subsidiary of Elate Holdings Limited, has entered into a business partnership with Goldpay Limited. Under this agreement, Elate Graphite will serve as a consultant, focusing on blockchain-related technical issues and application scenarios for utility tokens, while Goldpay will act as an issuer. This initiative marks a significant step in their web3 project efforts. The partnership aims to support companies with relevant needs in issuing utility crypto tokens. While the integration of artificial intelligence and cryptocurrencies is recognized as a prevailing trend, Elate Holdings advises caution as the future contribution of this project to the Group remains uncertain.
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