Hong Kong-listed company Zhudi Holdings: Its joint venture intends to focus on establishing and operating digital asset businesses such as decentralized finance

12/14 05:50

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FEG Holdings Corporation Limited, a Hong Kong-listed company, has released a supplementary announcement regarding the establishment of a joint venture. The announcement disclosed that its joint venture will focus on establishing and operating digital asset businesses in virtual real estate and decentralized finance, aiming to design and establish multiple virtual environments including a virtual stock trading hall, financial education center, decentralized exploration area, virtual conference center, and innovation laboratory in Decentraland. In addition, FEG Holdings Corporation Limited also announced that it has identified a proposed CEO for the joint venture and that it and its partner will jointly contribute HKD 25 million, but the amount will be determined based on budget allocation and operational expenses analysis.

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