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Trade crypto freely
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Trade new tokens before they are officially listed
Margin
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Convert & Block Trading
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Alpha
Points
Get promising tokens in streamlined on-chain trading
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Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
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CandyDrop
Collect candies to earn airdrops
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Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
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Simple Earn
Earn interests with idle tokens
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Auto-invest on a regular basis
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Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
NEW
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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20 USDT
Earn 40% commission or up to 500 USDT rewards
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Beckham-supported company abandons Bitcoin accumulation plan, previously raised $48 million to invest in crypto assets
On December 31, Prenetics Global, a nutritional supplement company supported by football star Beckham, announced that it has canceled its Bitcoin (BTC) reserve and accumulation plans. This decision came less than three months after the company completed a $48 million funding round and explicitly outlined a strategy to build a crypto asset treasury. Prenetics stated that the company’s strategic focus has shifted back to its core consumer health business, IM8, which it describes as “the fastest-growing nutritional supplement brand in industry history.” In a statement released on Tuesday, the company said it will no longer pursue future Bitcoin acquisitions.
In October, the NASDAQ-listed company completed an oversubscribed equity financing round, with funds originally intended to accelerate Bitcoin treasury development and expand the IM8 brand. At that time, Bitcoin was priced at approximately $114,000, but by Tuesday afternoon this week, Bitcoin’s price had fallen back to around $88,000.
Investors in this funding round, besides Beckham, included institutions such as CEX, Exodus, GPTX under Wu Jihan, DL Holdings, and American Ventures. The company disclosed that it currently holds over $70 million in cash and cash equivalents and owns 510 Bitcoin.