Crypto Flow Technology Raises HK$99.5 Million Through Share Placement
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Crypto Flow Technology Ltd. has successfully raised HK$99.5 million through a share placement. The net proceeds, approximately HK$99.2 million, will be used for technical development and platform expansion of ChainStream (50%), post-acquisition integration support (25%), enhancement of R&D capabilities (4%), and general working capital (21%). All investors are independent third parties, with no substantial shareholders emerging from this placement.
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