“Looking forward to the coming quarters, we see a tougher market environment from the lower bitcoin price level, overall increased energy price, and various pandemic and geopolitical uncertainties globally, which may all jeopardize the demand and price for our products,” CFO James Jin Cheng said.
Citi, JPMorgan Among U.S. Financial Firms Teaming Up to Explore Sharing Ledger Technology for Multiasset Transactions
The research project, titled Regulated Settlement Network (RSN) proof-of-concept (PoC), will explore the potential of bringing commercial-bank money, wholesale central-bank...