Multi point Intelligence completes the allocation and subscription of new shares, actively laying out stablecoin and blockchain businesses

PANews
PANews|Jul 25, 2025 14:57
According to the announcement of the Hong Kong Stock Exchange, DuoDian Zhi Limited has completed the placement on July 21, 2025, successfully placing 35400000 shares at HKD 11.1 per share to no less than six independent third-party assignees. At the same time, the new share subscription will be completed on July 25, 2025, with a net proceeds of approximately HKD 388 million. The company plans to allocate 50% of its funds towards stablecoin and blockchain research and technological advancement, while the remaining 50% will be used for loan repayment, business expansion, and general enterprise purposes. Duodianzhi stated that it will actively promote innovation in Web3 and digital assets, and has partnered with HashKey Group and others to apply for a stablecoin license in Hong Kong. In the future, it will strengthen technology research and internal control, and strive to become an important participant in the field of digital assets and Web3 infrastructure.
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