The world today is revolving around the cryptos. Everyday we hear some big company has invested in cryptos and now after Tesla’s Elon Musk and Twitter’s Jack Dorsey, a Chinese app maker Meitu has just invested a staggering amount of USD 20 Million in cryptocurrency. 

The company is famous for making amazing apps and has operated in the industry for almost 13 years. Eyeing alternative growth, the company has decided to invest in cryptocurrency. It is an interesting decision that will bring great benefits to the organization in the years ahead.

If you are wondering that Meitu did the same with their investment in crypto and head dived into the Bitcoin band wagon, let us surprise you a bit. The company has invested in 15,000 units of Ether that’s worth around USD 22.1 million and 379.1214267 units of Bitcoin whose worth hovers around the USD 17.9 million mark. The purchase was made on March 5 in open market transactions which marks it also as the first step of Meitu’s plan of investing a jaw dropping USD 100 million in cryptocurrency. 

It was lately observed that Meitu chairman Cai Wensheng was speaking quite boldly about the cryptos and advocating blockchain technologies like they are meant to be. Cai even revealed that he personally secures approximately 10,000 bitcoins in his eWallet. It is believed that his enthusiasm was fuelling Meitu’s latest investment move. 

This is great news for all the blockchain learners and crypto investors around the world because it marks another technology company preferring cryptos as a viable investment option. The times are changing fast and if you are not working on futuristic technology, youra skills may go obsolete in the years ahead. Plan your future wisely and learn about blockchain technology. You can do even better and buy some DDKoins, but that’s entirely your call. 

Categories: DDK Blog


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