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Stock impact report

Kaixin Holdings Establishes Digital Asset Management Department and Launches Digital Asset Allocation Strategy

Kaixin Auto Holdings - Ordinary Shares (KXIN) 
Company Research Source: GlobeNewswire
BEIJING, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Kaixin Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that the Company has established its Digital Asset Management Department, which commits to raise funds to acquire cryptocurrencies such as Bitcoin and Ethereum and implement an effective digital asset allocation strategy to generate value for Kaixin. The digital asset allocation strategy will not only effectively diversify traditional business risks but also leverage the unique properties of the crypto asset market to generate potential long-term returns for the Company and achieve diversified asset value. As the global economy becomes increasingly complex and volatile, traditional investments face more uncertainties. However, with the development of blockchain technology and the maturity of the global digital asset market, the acceptance of cryptocurrencies such as Bitcoin and Ethereum among investment institutions and financial technology companies has continued t Show less Read more
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