MicroCloud Hologram (HOLO) said Tuesday it has invested to develop a quantum blockchain technology with an algorithm that would help ensure the safety and reliability of digital transactions.
The company said it intends to allocate up to $200 million for investment in derivatives and technology development in technology fields related to bitcoin.
MicroCloud shares were down 3.1% in recent trading.
Price: 1.27, Change: -0.04, Percent Change: -2.69