CoinVoice has learned that, according to Zhitong Finance, Chutianlong held an online investor communication meeting on July 21. An institutional investor asked: What progress has the company made in the digital currency business in the first half of this year? Chutianlong responded that, first, the company's system development business related to digital currency has grown rapidly, with some system platforms already delivered to certain banks for operation; second, the company continues to consolidate its market position in the advantageous areas of digital currency hardware wallets, issuance, and acceptance terminals; third, it is working with excellent partners to promote cooperation in the field of cross-border payments with the digital renminbi.
In addition, the company seizes the industry opportunities brought by the legalization of virtual asset trading in Hong Kong, planning to build an eSIM management platform for operators and provide a cross-border settlement solution that combines stablecoins and SIM cards for partner banks. So far, the company's digital currency business revenue has seen some growth compared to previous years, but it accounts for a relatively low proportion of the company's revenue. [Original link]
