According to reports, Hong Kong's Shun Tai Holdings Group Limited has issued a supplementary announcement stating that the group plans to enter the blockchain and cryptocurrency industry by exploring and purchasing cryptocurrencies, and is considering using cryptocurrencies for payment settlements. The group intends to allocate the majority of its cryptocurrency investment portfolio to BTC, ETH, BNB, FIL, and stablecoins (such as USDT and USDC); a professional team has been established to manage virtual asset operations, and approximately 70 million Hong Kong dollars have been allocated from internal resources for cryptocurrency trading, part of which has already been used to purchase Filecoin.
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