HKbitEX and the Shanghai Technology Exchange have formed a partnership to develop asset tokenization solutions for technology companies. Supported by China's Ministry of Science and Technology and the Shanghai municipal government, this collaboration aims to address the financing challenges faced by innovative companies. The memorandum of strategic cooperation signed between the two entities signifies a crucial step in the digital economy sector, promoting the digital transformation and high-quality development of the Chinese economy. The alliance seeks to establish an open and efficient platform, offering financial solutions for tokenized tech companies. Additionally, the Shanghai Technology Exchange and HKbitEX are working together to advance the Web3.0 ecosystem in Hong Kong and support the high-quality development of the Chinese economy.
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