Nasdaq-listed game publisher Snail Games (SNAL) has announced that it is exploring the possibility of issuing a proprietary US dollar stablecoin, evaluating technical, legal and financial aspects. To advance the plan, the company has hired AscendEX founder George Cao as an external advisor and commissioned a crypto-focused law firm to assist with compliance matters.
After the news was announced, Snail's share price rose as much as 20% during the session and finally closed up 8%.
Nasdaq-listed gaming company Snail Games is exploring the development of a US dollar stablecoin, and its share price rose as much as 20%.
2025-07-16 01:31:59
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
纳斯达克上市游戏公司 Snail Games 正在探索开发美元稳定币，股价一度上涨 20%
