- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Contact Verifier
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- header.nav.buy
  header.nav.buy_desc
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

Shangri-La Group will establish a cryptocurrency strategic reserve, with a priority on BTC, ETH, and USDT.

By: theblockbeats.news|2025/08/23 10:12:10

BlockBeats News, August 23rd, AMTD IDEA Group (「AMTD IDEA Group」) (NYSE: AMTD; SGX: HKB), a company dual-listed on the New York Stock Exchange and the Singapore Stock Exchange, and a subsidiary of AMTD Group; AMTD Digital Inc. and The Generation Essentials Group (「TGE」) (NYSE: TGE), jointly announced that cryptocurrency will become an integral part of the three companies' corporate treasury "strategic reserves."

This "strategic reserve" includes bank deposits and other uncollateralized, unencumbered, liquid investments totaling approximately $240 million as of June 30, 2025. Specifically, the planned cryptocurrency investment portfolio will focus on Bitcoin (BTC), Ethereum (ETH), and USDT.

Among the three NYSE-listed companies under the AMTD Group, TGE will be responsible for expanding and focusing on cryptocurrency-related opportunities and development. The name TGE has carried genetic significance since its inception, representing not only "The Generation Essentials" but also symbolically referring to "Token Generation Event."

BiyaPay Analyst: Cryptocurrency Concept Stocks Drive US Stock IPO Revival, Expected to See a Wave of Listings in the Fall

XRP Market Cap Surpasses Pinduoduo, BlackRock, Xiaomi, and Citigroup