Fourth Paradigm (06682.HK) Announcement On July 27, 2025, Fourth Paradigm International Limited and Nine Martingales Technology Co., Ltd. entered into a joint venture agreement regarding the establishment of a joint venture, Fan Titanium Technology Co., Ltd. The establishment of a joint venture between Fourth Paradigm International and Nine Martingales Technology is based on the key opportunities and core needs of the current stablecoin market development. (Jin Ten)
On July 21, the fourth paradigm of Hong Kong-listed companies released a stablecoin underlying asset management solution, which supports the dynamic management of USD/RMB/HKD-linked asset pools (such as short-term government bonds, cash, repurchase, etc.) for stablecoin issuers.