Tag: Hong Kong

  • Solana ETF Gets Greenlight in Hong Kong

    Solana ETF Gets Greenlight in Hong Kong

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    Yashika Gupta

    The Hong Kong Securities and Futures Commission (SFC) has officially approved the first-ever Solana (SOL) spot exchange-traded fund (ETF), making Hong Kong the first market globally to sanction such a product.The ETF, issued by China Asset Management (ChinaAMC) Hong Kong, joins the region’s earlier Bitcoin and Ethereum spot ETFs as the third regulated crypto investment…

  • Hong Kong Firm Invests $483M in Bitcoin Holdings

    Hong Kong Firm Invests $483M in Bitcoin Holdings

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    by

    Yashika Gupta

    Ming Shing Group Holdings Limited, a Hong Kong-based construction company, has taken a significant step into the world of digital assets by adding bitcoin to its corporate treasury. The company has agreed to acquire 4,250 bitcoins, worth nearly $483 million, as part of its new strategy to hold cryptocurrency on its balance sheet. The move…