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Yuta Logistics Technology receives US$150 million investment and plans to acquire 15,000 BTC

Source: Binance
According to Shenzhen Chao TechFlow, on September 10, Hong Kong media reported that Nasdaq listed company Yuta Logistics Technology announced that Solomon Capital Fund SPC-Solomon Capital SP9, a US dollar fund under Huaying Holdings, made a strategic investment of US$150 million in it. The two sides will jointly explore innovation in logistics asset tokenization (RWA) and stablecoin application. Yuta Logistics Technology previously announced that it would acquire 15,000 BTC, with a total transaction amount of up to US$1.5 billion. In addition, the company is studying relevant regulatory details and plans to apply for a stablecoin issuance license after the Hong Kong Stablecoin Ordinance comes into effect.
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