MOGU Inc. will use up to $20 million in digital assets to advance decentralized AI development and treasury management

ChainCatcher news, according to the official announcement, the board of directors of MOGU Inc. has approved a strategic allocation of up to $20 million of company assets to digital currencies, primarily including Bitcoin, Ethereum, and Solana, as well as their related securities and investment products. The board believes that by integrating digital assets into its core holdings, the company can not only diversify its treasury holdings but also enhance the operational capabilities required for next-generation AI products and services.