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WaykiChain Foundation Disclosed Selling a Part of W Broker Equity

Fri, 08/13/2021 - 08:24
WaykiChain Foundation Disclosed Selling a Part of W Broker Equity
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Recently, WaykiChain Foundation has revealed that it sold 1/5 of its equity in the comprehensive securities company W Broker for USD 1,35M and will continue holding the rest of it.

WaykiChain Foundation completed its strategic investment in W Broker in 2019. W Broker is the world’s first securities company to support deposits in cryptocurrency. It offers investment in pre-IPOs of innovative Hong Kong and US stocks, trading, margin financing, and securities lending and provides an exclusive channel for investment in unlisted unicorn companies.

Through diversified investments in financial media and securities companies and increasing of its crypto holdings, WaykiChain has strategically upgraded its blockchain ecosystem. Relying on W Broker’s operational and customer channels, WaykiChain has expanded the use cases of its stablecoin WUSD and attracted users unfamiliar with crypto to use it. This has greatly contributed to the top-level design of the blockchain industry.

Income from all investments and cash reserves will be a strong support for the sustainable and long-term development of WaykiChain. In the future, WaykiChain will keep in close touch with leading international exchanges and promote the expansion of trading markets for WICC and WGRT.

WaykiChain Foundation

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