Hong Kong firms are now buying Ethereum (ETH), Binance Coin (BNB), and Solana (SOL) as strategic reserves, making digital assets a core part of their balance sheets. This approach, often called “coin-equity linkage,” reflects the city’s growing adoption of Digital Asset Treasury (DAT) models. Expanding Beyond Bitcoin: Hong Kong Firms Add ETH, BNB, and Solana New Huo Technology, led by Huobi founder Li Lin, announced a $500 million “coin hoarding” plan that includes accumulating Ethereum, Binance Coin, and Solana as strategic reserves. The move shows how Hong Kong companies are broadening DAT models beyond Bitcoin
source: https://beincrypto.com/hong-kong-firms-eth-bnb-solana-dat/