AMTD IDEA Group ("AMTD IDEA Group") (NYSE:AMTD, SGX: HKB))), a NYSE and SGX-ST dual-listed company and a subsidiary of AMTD Group Inc. ("AMTD Group"), AMTD Digital Inc. ("AMTD Digital") (NYSE:HKD), a controlled and consolidated subsidiary of AMTD IDEA Group, and The Generation Essentials Group ("TGE") (NYSE:TGE), a controlled and consolidated subsidiary of AMTD Digital, jointly announced that cryptocurrencies would become an essential component of the three companies' war chest of liquid fund. Such war chest comprises of cash at bank and other unencumbranced, unpledged and liquid investments, which aggregated and amounted to approximately USD240 million as of June 30, 2025.
Specifically, the portfolio of crypto assetsto build would prioritize Bitcoin (BTC), Ethereum (ETH) and Tether (USDT).
Out of the three NYSE listed companies under AMTD Group's belt, it is intended for TGE to branch into and focus on cryptocurrency-related opportunities and developments. A gene that has been built into its corporate name since inception, TGE represents not only "The Generation Essentials", but also embodies the symbolic way of referring to the "Token Generation Event."
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