Wu Shuo learned that Xinhuo Technology Holdings（ http://1611.HK ）Announced the completion of the majority equity acquisition of Japanese compliant cryptocurrency exchange BitTrade, with an indirect shareholding ratio of 92.31%. BitTrade will become its indirect subsidiary and be included in its financial statements. The total transaction price exceeds 33.23 million US dollars, paid through the issuance of up to approximately 119.9 million new shares. BitTrade was founded in 2016 and holds two cryptocurrency licenses from the Japanese Financial Services Agency, as well as joining three major industry self regulatory organizations. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=43273