According to Foresight News, Hong Kong-based fintech firm AnchorX has announced its collaboration with China's Ministry of Commerce and CEDB BRO. The partnership is part of a delegation organized under the 'Belt and Road' initiative. In addition, AnchorX has signed a memorandum of understanding with the Astana International Financial Center Management Bureau in Kazakhstan and Aral Petroleum Capital.
Furthermore, AnchorX has plans to issue the AxHKD stablecoin through Conflux. This move is aimed at promoting cross-border trade and commercial activities between Hong Kong and the countries involved in the 'Belt and Road' initiative.