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Listed company AMTD IDEA announced that it will include cryptocurrencies in its liquidity reserves, with a preference for BTC, ETH, and USDT.

Listed company AMTD IDEA announced that it will include cryptocurrencies in its liquidity reserves, with a preference for BTC, ETH, and USDT.

Cointime2025/08/23 03:21
By: Cointime
BTC+0.50%ETH+1.49%

 AMTD IDEA, a company listed on the New York Stock Exchange, announced that the company, its subsidiary AMTD Digital, and the holding company The Generation Essentials Group will include cryptocurrencies in the liquid reserves of the three companies. As of now, the liquid reserves of these three companies are approximately $240 million, including bank cash, as well as unsecured, unpledged, and liquid assets. The planned cryptocurrency portfolio will prioritize Bitcoin (BTC), Ethereum (ETH), and Tether (USDT).

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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