PANews reported on August 28 that the A-share listed company Gaoweida announced its exploration of opportunities in the technology sector and industry, promoting cooperation related to stablecoins and RWA systems. The company's wholly-owned subsidiary, Gaoweida Information Technology (Hong Kong) Limited, recently subscribed to 0.50% equity of Digital Asset Clearing Company Service Limited (DACS) for $250,000, with the latter valued at approximately $50 million.
DACS is an institution focused on digital asset clearing and settlement services, providing clearing services for digital currencies, digital securities, and building a trustworthy digital financial infrastructure. Its team has extensive experience in areas such as enterprise-level custody wallets, stablecoin issuance, blockchain, and RWA asset tokenization, with related solutions covering scenarios like accounts receivable, funds, and carbon credits.