GMEK Technology, a Hong Kong-listed company, announced plans to raise up to HK$98.8 million through a share placement, according to a Hong Kong Stock Exchange filing. The company intends to allocate approximately 25% of the funds for post-acquisition integration support. Around 50% will be directed towards the development and expansion of ChainStream, focusing on enhancing real-time blockchain data analysis capabilities, expanding multi-chain support, and integrating various blockchain assets such as Ethereum, Solana, and Polygon.
GMEK Technology to Raise HK$98.8 Million for Blockchain Expansion
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