DL Holdings to collaborate with ViaBTC on crypto ventures
DL Holdings Group Limited (HKEX: 1709) has entered a non-legally binding term sheet with ViaBTC Holdings Limited to jointly explore opportunities in the cryptocurrency and virtual asset space. The partnership aims to establish a joint venture to conduct over-the-counter (OTC) trading of cryptocurrencies and provide asset management and family office services to OTC and/or crypto mining clients. Further potential business cooperation includes building Bitcoin (BTC) reserves and developing Securities and Futures Commission licensed virtual asset trading and management platforms. The Board of DL Holdings believes this strategic move will diversify its business portfolio beyond traditional finance and enhance shareholder returns.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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