On March 21, EDA Group Holdings, a listed company on the Hong Kong Stock Exchange, issued a voluntary announcement, disclosing that the company's board of directors proposed a cryptocurrency purchase plan with a total amount not exceeding $5 million. The company is currently exploring the application of blockchain technology to empower the cross-border e-commerce logistics industry, in order to promote the full-chain traceability of cross-border goods and cryptocurrency B2B settlement.
In addition, EDA Group Holdings announced that it will establish a dedicated department responsible for managing and supervising the virtual asset business, as well as conducting risk control.
