DUBAI, UAE, March 11,
2024 /PRNewswire/ -- Blue Hat Interactive
Entertainment Technology Ltd. (NASDAQ: BHAT) and GTC Group LLC-FZ,
a leading Dubai-based
financial derivatives trading services company, have officially
signed a strategic partnership agreement.
It marks a strong alliance between the two parties in the field
of financial technology. According to the agreement, BHAT will
formally enter the field of financial services such as commodities,
foreign exchange, stocks, indices, etc., while GTC GROUP will
provide core operational services, and is committed to jointly
develop the financial derivatives trading market in the
Middle East and North Africa. Jack
Zheng, CEO of GTC GROUP, said that the company has made
remarkable achievements in the field of financial derivatives in
the past few years, and by the end of 2023, the monthly trading
volume of its services has exceeded USD 50
billion.GTC GROUP hopes to jointly develop the MENA
financial derivatives trading market through the cooperation with
BHAT, and further promote the innovation and development of trading
services.
Dr. Deanna Liu, executive
director of Golden Strategy Ltd, a wholly-owned subsidiary of BHAT,
said at the signing ceremony that the cooperation with GTC not only
marks the orderly implementation of the company's transformation to
AI services, but also accelerates the internationalization of BHAT.
The signing of this strategic cooperation will bring rich
opportunities for both parties, which will not only strengthen
BHAT's strength in the field of financial services, but also
enhance GTC GROUP's influence in the global financial market. Both
parties will work together to build a high-end brand for digital
trading of financial derivatives in Dubai, an international financial
center, with a hundred billion dollars, setting a new model for the
fintech industry. This cooperation will not only help promote the
development of FinTech, but will also bring more innovation and
choices to the market. We look forward to greater achievements in
the future cooperation between the two parties and jointly
contribute to the stability and prosperity of the global financial
market.
CONTACT: Deanna
Liu, deannaliu@bluehatgroup.net
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SOURCE Blue Hat Interactive Entertainment Technology