Changes in Hong Kong stocks | Multipoint Smart (02586) once soared by nearly 90%, reports say it is preparing to apply for a Hong Kong stablecoin license and has allocated Bitcoin

The Zhitong Finance App learned that at one point, Multipoint Smart (02586) soared by nearly 90%. As of press release, it had risen 55.38% to HK$14, with a turnover of HK$92.36,800.

According to the news, according to financial reports, Multipoint Intelligence is preparing to apply for a stablecoin license in Hong Kong, China. Tang Yifan, vice president and chief financial officer of Multi-Point Digital Intelligence, said that the entry of virtual assets into the Web3 sector will bring huge opportunities. The penetration rate of cryptocurrencies in the global business sector continues to rise and is gradually becoming an important component of diversified investment portfolios. Multi-point intelligence has long been optimistic about the cryptocurrency sector, promoted cryptocurrency strategies, and enriched asset allocation. Currently, it has allocated Bitcoin. At the same time, it is also actively recruiting outstanding talents in the web3 industry. There are already outstanding talents from leading companies in the industry such as Amber Exchange and Crypto.com Exchange to jointly promote the company's stablecoin and cryptocurrency strategies.

In February of this year, Multipoint Digital Intelligence announced the signing of a strategic cooperation agreement with HashKey Group. According to the agreement, Multipoint Smart will open a trading account on HashKey Exchange, and the two sides will carry out in-depth cooperation in key areas such as digital asset trading, Web3 technology development and application, and blockchain ecosystem construction. According to reports, HashKey Group is a leading digital asset financial services group with a global layout in Asia. As the largest licensed virtual asset trading platform in Hong Kong, HashKey Exchange has surpassed 600 billion Hong Kong dollars in total transactions.