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GOLDSTREAM INV Once Surges 6.5x After Signing Memorandum w/ AnchorX on Launching Offshore RMB Stablecoin AxCNH
GOLDSTREAM INV (01328.HK) opened rallying 40.7% today (8th) to HKD2.8. After midday, it once peaked at HKD15 with a surge of 6.5 times. It last traded at HKD12.84, up 545.23%, on a...
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GOLDSTREAM INV Once Surges 6.5x After Signing Memorandum w/ AnchorX on Launching Offshore RMB Stablecoin AxCNH
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GOLDSTREAM INV (01328.HK)  -0.460 (-4.275%)   opened rallying 40.7% today (8th) to HKD2.8. After midday, it once peaked at HKD15 with a surge of 6.5 times. It last traded at HKD12.84, up 545.23%, on a volume of 18.8823 million shares, involving HKD180 million.

The company announced yesterday (7th) that it entered into a non-binding strategic cooperation memorandum with AnchorX last Friday (4th). AnchorX issues the stablecoin AxCNH, which is referenced 1:1 to the offshore RMB, utilizing advanced distributed ledger technology and enhanced cybersecurity measures.

Under the memorandum, GOLDSTREAM INV and AnchorX will explore potential cooperation in areas including promoting AxCNH use in cross-border payments and trade settlements, exploring AxCNH application in financial transactions, developing a digital asset trading platform based on AxCNH, and investing in blockchain research and development as well as FinTech innovation.
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