Hong Kong-listed Blue City Interactive has established the LK Crypto Business Unit to spearhead its foray into Web3 and real-world asset (RWA) markets. The strategic announcement propelled the company’s stock price by 37.1%, with trading volume reaching HKD 21 million.
The new division will manage major cryptocurrencies including Bitcoin, Ethereum, and Solana while focusing on blockchain technology applications across both digital and real-world asset sectors. This initiative represents Blue City’s commitment to capitalizing on emerging opportunities in decentralized ecosystems.
Operations will integrate expertise from affiliated entities LK Venture, MarsBit, and Element to create synergistic blockchain capabilities. The consolidation aims to position Blue City as a significant participant in cryptocurrency innovation and tokenized asset markets.