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Benzinga
Benzinga
Business
Henry Khederian

QMMM Stock Soars After Announcing $100M Crypto Treasury

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Shares of QMMM Holdings Ltd (NASDAQ:QMMM) are trading sharply higher on Tuesday after the company announced a strategic expansion into the cryptocurrency and blockchain AI solutions market.

What To Know: The Hong Kong-based digital media and virtual apparel company is launching a “crypto-autonomous ecosystem,” that integrates artificial intelligence and blockchain technology. QMMM plans on creating a decentralized data marketplace that will leverage AI-driven analytics to help traders make informed investment decisions.

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