Hong Kong financial technology company K Cash plans to raise 281.8 million yuan and will join the blockchain platform Riverchain
According to a report by Hong Kong 01, Hong Kong fintech company K Cash announced plans to list on the Hong Kong Stock Exchange's main board. They plan to raise up to HKD 281.8 million by selling 125 million shares on November 27. K Cash will become the first company to list on the new stock settlement platform (FINI) of the Hong Kong Stock Exchange.In addition, K Cash's Chairman and CEO, Li Gentai, revealed that K Cash has reached a cooperation agreement with River Square, a wholly-owned subsidiary of New World Development, to join its blockchain platform, Riverchain, and will be launched before the end of this year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto liquidations reach $470M as Bitcoin retraces, altcoins surge
Mastercard and JP Morgan Team up to Enhance Cross Boarder Payments
SAND breaks through $0.8, with a 24-hour increase of 81.2%
In the past 12 hours, the entire network has liquidated 317 million US dollars, mainly long orders
Trending news
MoreCrypto prices
More
