TechFlow reported on March 1 that according to a Hong Kong Stock Exchange announcement, GAMI Technology, a listed company on the Hong Kong stock market, has announced an authorized placement of new shares. The raised funds are intended for developing its Web 3.0 business, including building a blockchain data analytics platform and establishing a DEX aggregator to organize quotes from decentralized exchanges. The net proceeds from the placement are expected to reach up to approximately HK$33.272 million, with around HK$11.646 million allocated for the development of the DEX aggregator and blockchain data analytics platform.
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