IVD Medical allocates $19m to Ethereum treasury in bold crypto pivot
The post IVD Medical allocates $19m to Ethereum treasury in bold crypto pivot appeared on BitcoinEthereumNews.com. Hong Kong-listed IVD Medical is diving headfirst into crypto, purchasing $19 million worth of Ethereum through licensed exchange HashKey. The move, marking one of the first by a publicly traded healthcare firm, signals a growing corporate appetite for digital assets beyond Bitcoin. Summary IVD Medical invests $19 million in Ethereum via licensed exchange HashKey, marking a rare crypto move for a healthcare firm. Partnership includes plans for staking, DeFi yield strategies, and potential blockchain integration into healthcare operations. According to a press release dated August 8, IVD Medical Holdings Limited has entered a strategic partnership with HashKey Exchange to launch its Ethereum (ETH) treasury strategy. The healthcare diagnostics firm executed a HK$149 million ($19 million) block trade through HashKey’s licensed platform, gaining access to the exchange’s liquidity network and infrastructure for potential staking and DeFi-based yield initiatives. HashKey said the collaboration is designed to explore how blockchain integration could complement industrial capital in a regulated market setting. Bridging into the broader picture IVD Medical’s $19 million Ethereum purchase represents a structured foray into blockchain-based treasury management. According to the announcement, the partnership with HashKey grants the firm access to institutional-grade execution via HashKey OTC, minimizing slippage on large ETH trades, while the exchange’s global liquidity network provides flexibility for future adjustments. More notably, the collaboration extends into yield optimization, with plans to explore Ethereum staking, restaking, and DeFi strategies through HashKey Cloud. This positions IVD not as a passive holder, but as an active participant in Ethereum’s proof-of-stake economy. Randall Chan, Managing Director of HashKey Exchange, framed the move as part of a broader shift in corporate treasury thinking. “IVD Medical’s approach shows how traditional industries are leveraging digital assets for both treasury diversification and operational innovation,” he said. Chan emphasized that the partnership could eventually extend into tokenization of…
The post IVD Medical allocates $19m to Ethereum treasury in bold crypto pivot appeared on BitcoinEthereumNews.com.
Hong Kong-listed IVD Medical is diving headfirst into crypto, purchasing $19 million worth of Ethereum through licensed exchange HashKey. The move, marking one of the first by a publicly traded healthcare firm, signals a growing corporate appetite for digital assets beyond Bitcoin. Summary IVD Medical invests $19 million in Ethereum via licensed exchange HashKey, marking a rare crypto move for a healthcare firm. Partnership includes plans for staking, DeFi yield strategies, and potential blockchain integration into healthcare operations. According to a press release dated August 8, IVD Medical Holdings Limited has entered a strategic partnership with HashKey Exchange to launch its Ethereum (ETH) treasury strategy. The healthcare diagnostics firm executed a HK$149 million ($19 million) block trade through HashKey’s licensed platform, gaining access to the exchange’s liquidity network and infrastructure for potential staking and DeFi-based yield initiatives. HashKey said the collaboration is designed to explore how blockchain integration could complement industrial capital in a regulated market setting. Bridging into the broader picture IVD Medical’s $19 million Ethereum purchase represents a structured foray into blockchain-based treasury management. According to the announcement, the partnership with HashKey grants the firm access to institutional-grade execution via HashKey OTC, minimizing slippage on large ETH trades, while the exchange’s global liquidity network provides flexibility for future adjustments. More notably, the collaboration extends into yield optimization, with plans to explore Ethereum staking, restaking, and DeFi strategies through HashKey Cloud. This positions IVD not as a passive holder, but as an active participant in Ethereum’s proof-of-stake economy. Randall Chan, Managing Director of HashKey Exchange, framed the move as part of a broader shift in corporate treasury thinking. “IVD Medical’s approach shows how traditional industries are leveraging digital assets for both treasury diversification and operational innovation,” he said. Chan emphasized that the partnership could eventually extend into tokenization of…
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