SOS once rose 14% on taking steps to establish a digital asset exchange

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SOS once rose 14% on taking steps to establish a digital asset exchange

Tiger Newspress2021-03-24

The shares of SOS Limited was once up 14% to $7.42 in Wednesday morning trading after announceing today that it has taken preliminary steps to establish a digital asset exchange.Now the rise eased to 4%

SOS Limited (NYSE: SOS) announced today that it has taken preliminary steps to establish a digital asset exchange. Specifically, the Company entered into a tailor-made license to use a blockchain asset exchange software system made by a third party in exchange for aone-time licensing fee.

Once the software is installed and operational, the Company expects to establish a digital asset exchange. The Company also intends to offer security and insurance services for digital assets. The Company's Chairman and Chief Executive Officer, Yandai Wang, commented "This is a key step in our blockchain and cryptocurrency strategy. The digital asset exchange is an important part of our goal to provide blockchain services, digital asset security services and Decentralized Finance (DeFi) services."

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Comment（26）

Jassss
·2021-03-26
Buy the dip
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1
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Juucee1813
·2021-03-25
Woohoo
Reply
3
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justusdk
·2021-03-25
like and comment
Reply
3
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Jack in the Stock
·2021-03-25
Wanted to buy this buy never did. [害羞]
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3
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AppleMango
·2021-03-25
Is this time to buy ? When? Pls response
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4
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- Jassss:
  Dyodd
  2021-03-26
  Reply
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AhLee
·2021-03-25
Sweet
Reply
1
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reeve
·2021-03-25
Nice
Reply
2
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- reeve:
  Have a nice day
  2021-03-26
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- Jassss:
  Ok
  2021-03-26
  Reply
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- reeve:
  Still waiting to buy back ?
  2021-03-25
  Reply
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ND80
·2021-03-25
Pls help to like my comment... ?
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4
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- Jassss:
  Done
  2021-03-26
  Reply
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PYGoh
·2021-03-25
Holding....
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3
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huat168
·2021-03-25
Anyone know what is the supporting price?[捂臉]
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3
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xuanlin
·2021-03-25
Please reply
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2
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- xuanlin:
  Done
  2021-03-29
  Reply
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- yung:
  reply and like also
  2021-03-25
  Reply
  Report
颸门吹雪之萧文峰门户
·2021-03-24
When complete to install digital exchange?
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3
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RolyPoly
·2021-03-24
$SOS$We just wait and see!
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3
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Mujinn
·2021-03-24
Oh well
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1
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Luke19
·2021-03-24
Holding on
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1
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Keychain
·2021-03-24
Pls help to comments thanks
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2
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- jastsm:
  Here goes
  2021-03-24
  Reply
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jeff123
·2021-03-24
How come it fell back down?
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2
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- Jeremyyeojc:
  it will fly soon
  2021-03-25
  Reply
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ZaineJJ
·2021-03-24
Like and comment
Reply
6
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- Cindy5:
  nice
  2021-03-24
  Reply
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- Alex5Low:
  nice
  2021-03-24
  Reply
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YenChing
·2021-03-24
Like and comment
Reply
8
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- ZaineJJ:
  Like comMent
  2021-03-24
  Reply
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Rayc
·2021-03-24
合法嗎？這個交易所
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7
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[害羞]&nbsp;","listText":"Wanted to buy this buy never did. [害羞]&nbsp;","text":"Wanted to buy this buy never did. [害羞]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/351703563","repostId":1123518315,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"CN"},{"id":351444723,"gmtCreate":1616630191762,"gmtModify":1704796581165,"author":{"id":"3567141277226150","authorId":"3567141277226150","authorIdStr":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3567141277226150"},"htmlText":"Is this time to buy ? When? Pls response","listText":"Is this time to buy ? When? Pls response","text":"Is this time to buy ? When? 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