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I just saw a news article that Hong Kong-listed company Huajian Medical will be allocating to crypto assets.
This company is conducting its crypto asset allocation through Hashkey, which prioritizes compliance!
➡️ They plan to reserve 880 million HKD worth of ETH as a core strategic reserve, which is about 110 million USD.
This is the first publicly listed "big player" in Hong Kong's Web2 sector to allocate to crypto assets.
But it definitely won't be the last.
In the future, more and more Hong Kong-listed companies will start buying crypto assets, striving to become Hong Kong's "MicroStrategy."
As I mentioned a few days ago, Hashkey holds a significant position in Hong Kong's crypto compliance landscape, and I personally believe it will help expand business geometrically.
Just to give you some data: there are currently over 2,600 listed companies in Hong Kong. Even if just one-tenth of them allocate to crypto assets, it will be an undeniable force for the "climb" of the crypto market and the expansion of Hong Kong's crypto market.
To extend a bit: I personally think there is a real chance that a local version of "MicroStrategy" will emerge in Hong Kong stocks. I will continue to pay attention and participate.
Looking forward to a wave: Hong Kong local companies buying crypto assets ➡️ stock prices rising ➡️ other Hong Kong companies following suit ➡️ crypto market/related companies taking off ➡️ more companies joining in.

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