Nasdaq-listed gambling stock AGAE rises 105% after establishing DAT, focusing on the "proprietary" RWA model
Source: CoinWorld
Time: 2025-09-12 22:39:31
United Gaming Entertainment (AGAE) shares soared more than 100% on Friday morning after the company announced it would invest in Bitcoin and Ether for the first time as part of its financial strategy. CEO Li Yangyang said that cryptocurrencies are both regarded as a means of storage of value and a strategic cornerstone of future business. The company plans to expand its blockchain payment business, develop tokenization models of real-world assets, and integrate stablecoins and practical tokens. The Nasdaq-listed stock hit a maximum of $2.18, trading at about $1.73 at press time, up 89%.