(01931): Official start of the application for stable coin license in the United States and the landing of the IVDNewCo Exchange ecosystem.

date
20/07/2025
Intelligence Financial News, China Medical (01931) announced that the group is actively building a "NewCo+RWA" Web3 exchange ecosystem with medical innovation drugs as the core asset (NewCo) and plans to issue stable currency "IVDDollar" (IVDD). This strategy aims to enhance the liquidity, financing efficiency, and accessibility of global medical innovation drug assets through the integration of Web3 technology. The group has initiated compliance preparations for the application of a US stable currency license to support the global layout of the ecosystem.