Blueport Interactive Announces Cryptocurrency Holdings and Investment Plans

According to BlockBeats, Blueport Interactive, a Hong Kong-listed company (HK8267), has disclosed its cryptocurrency holdings and plans for asset management and fundraising through LK Crypto. As of August 14, Blueport Interactive and its subsidiaries hold 97.08 Bitcoins at an average cost of $73,015, 913.63 Ethereum at an average cost of $3,155, and 7,692 Solana at an average cost of $165. Additionally, an affiliated company holds 96 Bitcoins, 794 Ethereum, and 6,365 Solana. Blueport Interactive plans to launch a $100 million asset management and fundraising initiative through LK Crypto. This initiative aims to integrate the group's existing funds and cryptocurrency holdings while inviting external investors to participate. In mid-July, Blueport Interactive's founder, Wang Feng, announced on social media the establishment of the LK Crypto division. This division focuses on accelerating the integration of Web3 and real-world asset (RWA) business strategies.