Nasdaq-listed company Prenetics plans to adopt cryptocurrency strategic reserves

Odaily News Humanity Protocol announced that Nasdaq-listed company Prenetics Global Limited is collaborating with it to leverage Prenetics’ genetic testing capabilities to support decentralized identity verification, and announced the establishment of a strategic cryptocurrency reserve to promote innovation at the intersection of blockchain, healthcare, and decentralized science (DeSci).
As part of this dual initiative, Prenetics has committed to an initial investment of $1 million in H tokens, $250,000 in Bitcoin, and $250,000 in SOL. These allocations will be reviewed quarterly to evaluate further investment opportunities, highlighting the company's strategic intent to bring digital assets onto the company's balance sheet. As of December 31, 2024, Prenetics had a cash and short-term asset balance of $84.87 million.