Hong Kong-listed IVD Medical purchased $19 million in ETH, aiming to tokenize medical assets.

According to Odaily Planet Daily, Hong Kong-listed IVD Medical Holdings has announced the purchase of $19 million (approximately HK$149 million) worth of ETH to support its healthcare asset tokenization strategy. The company is developing ivd.xyz, an Ethereum-based smart contract platform dedicated to tokenizing pharmaceutical intellectual property and healthcare assets. (CoinDesk)