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Shineco Inc. SISI shares are trading higher on Wednesday after the company announced the launch of what it calls the world’s first on-chain cell asset tokenization platform.
See what is happening to SISI stock here.
What To Know: To support the system, Shineco acquired a 51% stake in Xi’an Dong’ao Health Management, a company specializing in cryogenic cell storage and clinical applications. This deal, along with its earlier purchase of Singapore-based Infiniclone, gives Shineco the physical infrastructure needed to connect blockchain-based tokens with real-world cell storage and treatment.
The company said the platform is designed to cut costs, improve transparency, and create liquidity in…
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