On November 29th, Gelonghui reported that dingyi gp inv (00508.HK) announced that on November 29, 2024, the company signed a strategic cooperation framework agreement with the digital asset trading platform BiFinance (“BiFinance”), which focuses on long-term strategic cooperation in areas such as RWA digital assets, blockchain technology, and artificial intelligence (AI) integration based on the principles of complementary advantages, mutual benefit, and common development.

According to the disclosure, BiFinance was established in 2022 as an internationally leading digital asset trading platform, covering a business scope across 130 countries and regions globally, serving millions of users and ranked in the top 50 globally by CMC. BiFinance will continue to rely on its strong blockchain R&D technology and deep foundations in traditional finance and financial innovation, committed to tightly linking traditional financial assets with digital assets through blockchain technology.

The announcement stated that the signing of the framework agreement aligns with the group’s strategy for exploring business opportunities in related industries. The directors believe that the group will be able to leverage the contracting party’s expertise and experience in the integration of RWA digital assets, blockchain technology, and artificial intelligence (AI), which is expected to assist the group in developing new business activities and strengthening existing ones.