Eda Group suggests investing an encrypted currency of $ 5 million

Eda Group Holdings Limited at Hong Kong has announced an investment of a proposal in encrypted currencies for the business development strategy of artificial intelligence and Blockchain. The Board of Directors approved an investment plan of up to $ 5 million in the encrypted currency, for the company’s diversification strategy.

EDA plans $ 5 million to invest in encrypted currency

The proposed investment is designed to integrate the cryptocurrency into the group’s assets portfolio, focusing on the value of the long -term value.

According to the official statementEDA also aims to take advantage of Blockchain technology to enhance its cross -border e -commerce logistics. By building a Blockchain “warehouse network”, EDA GROUP is seeking to improve transparency and efficiency in global supply chains, enable B2B cryptocurrencies, and integrate web3 technology into a cross -border commercial infrastructure.

This strategic investment aims to reduce the risks associated with the volatility of the market and large investments. The group will not participate in frequent trading, but it will instead perform purchases based on market conditions. The allocated team will supervise the encrypted currency operations, ensuring compliance with relevant regulations and risk management.

Although the purchases of the encrypted currency are not made yet, the company has committed to updating the shareholders through separate ads when the transactions occur.

As part of the plan, the company signed a confidence agreement with Ouke Cloud Chain Trust Co. , Ltd. It is a lamentation company licensed in Hong Kong. Ouke Cloud Chain Trust will work as the virtual assets responsible for purchase and storing safe currencies and compatible with cryptocurrencies. Ouke Cloud Chain Trust, an indirect subsidiary of OKC Cloud Chain Holdings Limited (1499.hk), has extensive experience in Blockchain technology, virtual asset services, and compliance.

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Written by Rito Lavania

Ritu Lavania is a multi -use Web3 content creator with more than three years experience in the encryption space. It is part of the team in Cryptonewsz, where you write insightful and attractive content. She also contributed to Thecryptotimes and Coin Edition, where her work was well received by the encryption community. Maher in research, creative writing, senior economic officials, and job cooperation, creating content specifically designed for a varied audience. Population of education, devotes time to teaching children and expressing themselves through poetry. It always yearns for learning, constantly exploring new trends in Blockchain origin and digital assets. It strongly believes in telling stories to make complex encryption themes easier and attractive to readers all over the world.