KuCoin and Jinjun Services have reached an investment agreement, intending to jointly promote an integrated gold industry platform with the Hong Kong Gold Exchange.

KuCoin announced today that it has reached an equity investment agreement with King Coin Services Limited and will support its in-depth cooperation with the Hong Kong Gold Exchange (HKGX) to jointly promote the construction of a comprehensive gold industry chain platform integrating trading, settlement, warehousing, and related management functions. Against the backdrop of the accelerated upgrading of the Hong Kong gold market, this cooperation aims to improve the efficiency of cross-regional circulation and collaboration in the gold market through technology and system integration. This strategic investment aims to promote the integration of digital technology and the physical gold industry, and help build a more efficient and transparent gold industry ecosystem.