Rising Hong Kong Startup Criticized for Selling Majority Stake to Invest in Cryptocurrency

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Hong Kong’s fifth-largest bike sharing startup has sold 60 percent of its stake to invest in the cryptocurrency market, or two ERC20 tokens to be exact. $1 Million in Tokens Ketch’up Bike, a top five bike sharing company in Hong Kong that oversees more than 1,000 bicycles, has sold a majority stake in its venture

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