BlockBeats News, on June 16, the pre-market price of Tower Logistics in the US stock market rose by 2.69%, bringing its market capitalization to $302 million. The stock has recorded a 33.80% increase over the past month.
Previously, Tower Logistics announced that it is actively studying the relevant regulatory details and plans to apply for a stablecoin issuance license once Hong Kong's stablecoin regulations come into effect. The company plans to launch its own stablecoin "RHKD" and is also preparing to issue a digital token, "RBTC," which will be pegged to Bitcoin as the underlying asset. Customers will be able to exchange "RBTC" using Hong Kong Dollars or US Dollars.
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