TechFlow, October 6 — According to Globenewswire, NASDAQ-listed Kaixin Holdings announced the establishment of a Digital Asset Management Division to launch its digital asset treasury strategy. The company plans to raise funds to invest in cryptocurrencies such as BTC and ETH, is currently exploring the introduction of new strategic investors, and will also acquire high-value projects in the Web3 industry. The company disclosed that the total number of issued ordinary shares is 27,258,228, including 22,158,228 Class A ordinary shares and 5,100,000 Class B ordinary shares.
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