[Singapore Ride-Hailing Platform Ryde Announces Adoption of Cryptocurrency Treasury Strategy] According to Cointelegraph, Singapore-based ride-hailing platform Ryde Group has announced the adoption of a cryptocurrency treasury strategy, allocating part of the company's reserves to investments in Bitcoin, Ethereum, and Solana. The specific allocation and purchase timing will be determined by Ryde's governance team. The company stated that, considering changes in the macroeconomic environment, allocating part of the treasury to digital assets can enhance the flexibility of treasury operations. Ryde's cryptocurrency assets will be held by a third-party custodian, with an investment committee and a risk management committee established to oversee portfolio management and regulatory compliance. Since 2020, Ryde has accepted Bitcoin as an in-app payment method. Its NYSE-listed U.S. stock fell more than 13% on Thursday but remains up over 122% year-to-date.