Enterprise cryptocurrency adoption heats up as new players join

Allied Gaming & Entertainment (NASDAQ: AGAE) shares soared 87.7% to $1.70 after announcing its first investment in Bitcoin and Ethereum as part of its corporate financial strategy. CEO Li Yangyang said the move is in line with the company's vision to integrate blockchain and digital assets into its gaming and entertainment ecosystem. AGAE plans to expand blockchain-based payments and develop tokenized models for real-world assets, aiming to enhance financial flexibility and user engagement.