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Bitrue announces launch of $SKHYB tokenized asset following SK Hynix IPO surge
Bitrue announced the upcoming listing of $SKHYB, providing tokenized access to SK Hynix following the company's recent U.S. IPO, which was priced at $149 per depository receipt and attracted substantial interest amid increased demand for AI-related memory chips.
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Bitrue reported that it will list the tokenized asset $SKHYB, offering access to SK Hynix following the semiconductor company's recent U.S. IPO. The IPO was priced at $149 per depository receipt and, according to the announcement, experienced strong demand attributed to growth in AI-related memory chip markets.
Further details regarding the timing of the listing or specific terms were not included in the announcement.
Bitrue, operated by Innovations Technologies Limitada, is a cryptocurrency exchange with offices globally and offers trading in more than 60 digital coins, including Bitcoin, Ethereum, Tether, and its native BTR token. The platform supports over 160 cryptocurrency pairs, provides copy trading, multiple account security features, and passive income opportunities, though it does not offer leverage and restricts fiat withdrawals. For additional details, refer to the full review on Traders Union.
For more on Bitrue’s recent developments, see our earlier news about its announcement to launch the SKHYUSDT Perpetual contract with up to 50× leverage, following SK Hynix's Nasdaq debut, in the previous Bitrue update on Traders Union.
This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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