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Virtual Mind Signs Investment, Cooperation MoU with HSC Digital

-- Virtual Mind (HKG:1520) entered into an MoU with HSC Digital's founder, Vadim Krekotin, to make an investment in and collaborate with the latter, according to a Thursday Hong Kong bourse filing.

The apparel maker will also gain priority for any further investments it decides to make in HSC Digital.

Through the investment, the parties have the opportunity to partner up in the long term to develop licensed digital asset infrastructure, including gold-backed stablecoins, cross-border settlement solutions, and real-world asset tokenization.

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