QMMM,
Shares of QMMM Holdings Ltd. (NASDAQ:QMMM) surged 30% after the company unveiled plans to expand into the cryptocurrency and blockchain AI space.
The Hong Kong-based firm, known for its digital media advertising and virtual avatar technologies, intends to combine artificial intelligence with blockchain to develop cryptocurrency analytics and establish a crypto-autonomous ecosystem. QMMM plans to create a decentralized data marketplace connecting data providers and users via blockchain.
As part of this strategy, QMMM aims to build a diversified cryptocurrency treasury starting at $100 million, focusing on Bitcoin, Ethereum, and Solana. The company will direct investments toward high-quality crypto assets with long-term growth prospects, Web3 infrastructure projects, and global premium equities aligned with its strategic goals.
“The global adoption of digital assets and blockchain technology is accelerating at an unprecedented pace. QMMM’s entry into this space reflects our commitment to technological innovation and our vision to bridge the digital economy with real-world applications,” said Bun Kwai, CEO of QMMM.
The platform will use AI-driven analytics to process large datasets and assist traders in making informed investment decisions. Beyond trading, the ecosystem will support automated agents to manage DAO treasuries, enhance metaverse experiences, identify smart contract vulnerabilities, and assist in software development.
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