Ruihe Digital Technology Holdings Ltd. (3680 HK) has announced a comprehensive update on its business developments, including an HKD 80 million ($10.3 million) budget for cryptocurrency asset investments. The allocation includes 70% for crypto assets, 10% for RWA tokenization, 10% for infrastructure, and 10% for liquidity reserves. The company has already invested $1.75 million in a fund and $3.81 million in Taiji Capital, and subscribed $200,000 to the Bitcoin Plus SP fund.
Additionally, Ruihe is advancing its virtual crypto asset trading platform, which has entered the development testing phase. The company is also engaging in crypto business through Bitmain’s cloud mining services and is in discussions for an RWA tokenization project with Tielin Chaoguang.
