Investing.com — Professional Diversity Network (NASDAQ:IPDN) stock fell 4.9% Monday after the company announced a $2.59 million strategic investment in Deeptrade Token (DTT), the native platform token of DeeptradeX.AI.
The technology holding company said the investment represents a further step in its strategy to expand presence in artificial intelligence, digital assets, and Web3.0 sectors. DTT can be used for AI computing power subscriptions, access to AI trading strategies, and participation in platform ecosystem activities.
DeeptradeX.AI focuses on intelligent investment and automated trading solutions, leveraging AI algorithms to deliver data-driven investment services. The platform’s key advantage is its AI-driven end-to-end trading system, which enables users to execute professional-level investment strategies.
“We remain highly confident in the long-term prospects of AI technologies and the digital asset industry,” said Xun Wu, Chief Executive Officer of IPDN. “The strategic investment of DeeptradeX.AI’s platform token, DTT, represents an important milestone in our expansion into emerging technology sectors.”
IPDN has been advancing the development of a Real World Asset digital asset management platform and established collaborations with virtual asset exchanges in Dubai and Europe. The company aims to build a global digital asset and intelligent investment ecosystem.
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