According to Odaily Planet Daily, MultiMetaVerse Holdings Limited (MMV), a metaverse company, announced that it has established GOLD ABC DIGITAL TECHNOLOGY CO., LIMITED (GOLD ABC) in Hong Kong with ZHENGHE HOLDING CO., LIMITED and made a strategic investment in it.
The company will leverage both parties’ expertise in fintech, blockchain and traditional finance to increase the value of its own assets through algorithms.
It is reported that GOLD ABC has borrowed 500 bitcoins from ZHENGHE, with an average of US$60,000 per bitcoin, a loan period of one year, and an annual interest rate of 8%. The company will use its mature secondary market trading AI algorithm to manage and increase the value of these assets.
