CoinVoice has learned that, according to an announcement from the Hong Kong Stock Exchange, the Hong Kong-listed company Jiamu Technology has announced a placement to raise up to HKD 98,800,000, with approximately 25% allocated for integration support after the acquisition, and about 50% for technical development and platform expansion of ChainStream, including leveraging real-time blockchain data to provide faster data analysis capabilities, expanding multi-chain support, and integrating various blockchain assets such as Ethereum, Solana, and Polygon.

#PHB##BTC##ETH# A market value of $100 billion in the near future China Mobile’s digital content subsidiary Migu has partnered with decentralized AI infrastructure platform Phoenix to leverage scalable AIGC (AI generated content) infrastructure for its applications in metaverse and gaming. China Mobile is the largest wireless carrier in China, with over 1 billion users - its digital content arm Migu serves over 900 million users across its video streaming, metaverse, gaming, and music apps. In recent years, Migu has been heavily focusing around innovation in metaverse, interactive virtual environments, and immersive digital experience for users, which would be enhanced via seamless integration of AIGC capabilities