Health Company at Hong Kong Tokeniza Pharmaceutical Property and Purchase ETH for your Treasury

By Hannah Pérez

IVD Medical, which quotes its actions in Hong Kong, is going beyond other companies, since it not only plans an Ethereum Treasury, but also the tokenization of medical assets and their own stablecoin.

***

• IVD Medical, which quotes its shares in Hong Kong, bought USD $ 19 million in ETH.
• It seeks to consolidate as a leader in public Ethereum treasures in Hong Kong.
• But it goes further: it plans its own stablecoin and a medical asset tokenzaition platform.

---

Another public company in Asia is investing in cryptocurrencies for its treasury.

This is the health company and medical technology, IVD Medicalbased in Hong Kong, who has decided to bet on Ethereum (ETH) as its new reserve asset, but whose strategy is far beyond simple investment in the digital currency.

IVD Medicalwhich specializes in the distribution of medical products, an alliance with cryptocurrency exchange announced Friday Exchange hashkeywhich is licensed in Hong Kong, to “Promote the adoption of digital assets at the business level and explore new models to integrate blockchain technology with industrial capital“

In a press release, the company revealed the purchase of USD $ 19 million dollars In eth as part of his new ambition to become a treasury pioneer Ethereum Among the companies that quote on the Hong Kong Stock Exchange.

“Through this collaboration, IVD Medical aims“, Said Gary Deng, strategy director of IVD Medical.

IVD Medical goes beyond other crypto treasurers

The efforts are part of a broader trend of public companies around the world to add cryptocurrencies to their corporate balances in an attempt to replicate the successful play of Strategywith the biggest holdings of Bitcoin.

In Asia, a growing list of entities have begun to adapt this model, such as the case of Metaplenetin Japan, which since last year has accumulated more than 17,000 BTC to become one of the largest treasurers of Bitcoin In the world. In Hong Kong, public companies such as Interactive Boya They lead the tendency at the local level with 3,350 BTC in their coffers.

But unlike many of these companies, the plan IVD Medical It is much more ambitious, since too involves the creation of a Stablecoin own and the tokenization of assets of the medical industry.

Tokenizo medical property in Ethereum

In a statement to COINDESKthe strategy director said that Ether It will be the center of the asset token strategy in the real world of the company, which He currently works on a platform to tokenar the pharmaceutical intellectual property and other medical care assets, Built completely on the network Ethereum.

This platform will also serve as a liquidation layer for a Stablecoin Baptized IVDD, planned by the companyaccording to the report. The company also intends to implement ETH in Staking, Re-Staking and chain derived to increase returns and liquidity and at the same time add fall protection, adds the publication.

“The digital economy is the engine of future growth and traditional industries must be actively integrated to stay at the forefront of this new wave of technological transformation”Deng highlighted in the statement.

“The vision of the future of IVD Medical towards digital assets demonstrates how traditional industries are adopting innovation to boost growth. Hashkey Exchange remains committed to the highest standards of compliance, safety and transparency, and we hope to support IVD Medical in the construction of its Ethereum Treasury and Exploration of the tokenization of health assets “he commented on his part Randall Chan de Exchange hashkey.

The actions of IVD Medical 3.57% fell on the Hong Kong bag on Friday in the middle of the ads.

---

Hannah Estefanía Pérez / Diariobitcoin

Image of Unspash

WARNING: Diariobitcoin offers informative and educational content on various topics, including cryptocurrencies, AI, technology and regulations. We do not provide financial advice. Cryptactive investments are high risk and may not be adequate for all. Investigate, consult an expert and verify the applicable legislation before investing. I could lose all its capital.