AMTD Group has introduced a cryptocurrency-for-stock conversion program, allowing investors to swap Bitcoin, Ethereum, Binance’s BNB, USDT, and USDC for newly issued shares from three affiliated NYSE-listed companies. This initiative aims to bridge the gap between cryptocurrency assets and traditional stock markets, with the potential for flexible pricing determined by mutual agreement based on market values. AMTD hopes to leverage its assets in media, hospitality, and education to provide support for crypto holders, enhancing their investment experiences while promoting portfolio diversification. The three companies involved are AMTD IDEA, AMTD Digital, and The Generation Essentials Group, all classified as micro to small-cap companies. While AMTD's stock had a positive closure, the announcement did not elucidate specific launch details, investor eligibility, or regulatory compliance, highlighting a new strategy in engaging with digital asset holders.

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