LoginTrending NewsAI AgentsMeme LaunchpadDeSciTopChainExplorerFor Newbee100x CoinsBee GameEssential WebsitesMust-Have APPCrypto CelebritiesDePINRookies EssentialTrap DetectorBasic ToolsAdvanced WebsitesExchangesNFT ToolsWeb3 UniverseGamesDAppBee HiveGrowing PlatformADRecharge CoinsLoginWeb3 UniGamesDAppBee HiveADhomeAnalysisAnalysisWyattExchangecryptoOriginal linkRelated: Guotai Junan surged 190%, will Hong Kong stocks also usher in the crypto-stock boom?
On June 25, the share price of Guotai Junan International soared 80% in early trading and more than 190% during the day, becoming one of the strongest Hong Kong stocks of the day. Behind the surge in share prices, this traditional financial brokerage firm has entered the cryptocurrency stock market in a high-profile manner. The company announced today that it has obtained approval from the Hong Kong Securities Regulatory Commission to officially enter the cryptocurrency trading service. In addition to the previous layout of Bitcoin and Ethereum asset allocation by many Hong Kong-listed companies, as well as the policy catalysis brought about by the upcoming entry into force of the Stablecoin Ordinance, the Hong Kong stock market is quietly ushering in a crypto-stock boom. Brokerage aircraft carrier Guotai Junan International…# Analysis# crypto# Exchange# MarketPre
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- Original title: Circle Goes Public: CRCL Valuation the Economics of USDC Original article by: Tanay Ved Original translation: johyyn, BlockBeats Editors Note: The author analyzes Circles recent...