Guanglian Technology, a Hong Kong-listed company, has launched an encryption asset strategic investment strategy and has reached a cooperation agreement with High West.

According to Techub News, Hong Kong-listed company Guanglian Technology Holdings Limited has announced the launch of a strategic investment strategy in crypto assets, focusing on building a fintech service system centered around compliant stablecoin payments. Based on the company’s digital service scenarios in the intelligent connected vehicle sector, it aims to promote the transformation of intelligent connected vehicles from “consumer goods” to “investment vehicles” and “transportation assets,” and jointly explore the innovative applications of RWA service platforms, RWA tokenization, and stablecoin international settlement circulation in the ecosystem of the intelligent connected vehicle industry.

In addition, the company reached a strategic cooperation agreement and signed a memorandum of understanding with High West Capital Partners Limited on July 27. Based on this memorandum, the company will participate in High West’s Bitcoin Treasury Acceleration Program (Bitcoin Treasury Acceleration Program)) and receive its first round of funding support of HKD 1 billion. As part of the cooperation, both parties will jointly hire internationally renowned strategic advisors in Bitcoin treasury strategy to advance the overall plan and explore the application model of Bitcoin as a strategic treasury tool.