💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
The Hong Kong company allocated 450 million HKD for cryptocurrency projects.
On August 29, 2025, International Business Settlement Holdings Limited (00147.HK) announced a plan for the issuance of approximately 2.782 billion new shares, raising a net of 500 million HKD to expand into the cryptocurrency and Web3 sector in Hong Kong.
This move shows the increasingly clear trend of traditional businesses seeking opportunities in digital assets, which promises to impact the market. However, the immediate reaction remains speculative due to a lack of information from regulatory agencies and industry organizations.
Mr. Yuen Leong, the CEO of the company, affirmed that this is an important step in the strategy for development into cryptocurrency and Web3. Currently, professional investors have expressed significant interest, but the market is still waiting for a detailed implementation plan along with official feedback from industry leaders.