Hong Kong's YiLi Holdings is making a significant move into the Web3 space. The company recently announced an agreement to issue HK$19.95 million (approximately $2.55 million) in convertible bonds. This capital injection will fuel YiLi Holdings' ambitious plans to develop and expand its Web3 business, focusing on leveraging blockchain technology. This investment signals a growing interest from established companies in embracing decentralized technologies. YiLi Holdings aims to explore various Web3 applications and build innovative solutions utilizing the power of blockchain. The company's foray into Web3 could potentially involve areas like decentralized finance (DeFi), non-fungible tokens (NFTs), or metaverse-related projects. Further details regarding specific projects will likely be revealed in the near future as YiLi Holdings progresses with its Web3 strategy. ```

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