Blueport’s LK Crypto Division Drives 37.1% Stock Surge as Institutional Demand Rises
Blueport Interactive has launched LK Crypto, a dedicated division aimed at managing digital assets and advancing its Web3 strategy, with a focus on Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). The initiative, announced on July 16, follows a significant 37.1% surge in the company’s stock price, signaling strong investor confidence in its strategic pivot toward institutional crypto asset management. Wang Feng, Blueport’s founder, emphasized the move as a pivotal step to integrate blockchain technology with traditional finance, leveraging Web3 solutions and real-world asset (RWA) tokenization to expand institutional opportunities in the crypto space [1].
The launch of LK Crypto aligns with growing institutional interest in…
