HONG KONG – Waton Financial Limited (NASDAQ:WTF) announced Monday an expanded strategic partnership with Chongqing Liangyun Zhijing Information Technology Limited (Panda AI) to explore forming a joint venture. The announcement comes as Waton’s stock trades near its 52-week low of $3.21, currently priced at $3.22.
The collaboration builds upon the companies’ existing partnership to co-organize the Global Competition for AI Agents in Securities Trading, which was announced on November 20.
Under the expanded partnership, Waton will utilize Panda AI’s capabilities to enhance its proprietary DePearl core AI technology and trading agents, aiming to increase adoption of automated trading strategies across institutional and retail segments.
The companies plan to integrate Panda AI’s technical expertise with Waton’s regulated financial infrastructure and trading execution capabilities to deliver AI solutions to institutional clients.
“By combining Panda AI’s expertise in AI agent development with Waton’s regulated financial infrastructure, we aim to drive adoption of AI trading at an institutional scale,” said Kai Zhou, Chairman of Waton Financial Limited, according to the press release.
The potential joint venture may extend to Waton’s broader AI product roadmap, including its InfoMan investor relations agent.
Waton Financial Limited offers securities brokerage, asset management, and software licensing services to retail and institutional investors through its wholly-owned subsidiaries in Hong Kong.
The announcement comes as financial institutions increasingly explore AI applications in trading and investment management. The partnership details, including financial terms and timeline for the potential joint venture formation, were not disclosed in the company’s statement.Investors should note that InvestingPro analysis indicates Waton’s stock has fallen significantly, with a one-year price return of -83.8%. The RSI suggests the stock is currently in oversold territory. InvestingPro has identified 12 additional investment tips for Waton Financial that could help investors navigate this volatile stock’s future prospects.
In other recent news, Waton Financial Limited has announced a strategic partnership with Chongqing Liangyun Zhijing Information Technology Limited, known as Panda AI, to launch the Global Competition for AI Agents in Securities Trading. This initiative will enable participants to develop and deploy AI trading agents in live markets, with Waton providing the necessary trading execution infrastructure and market access. Panda AI will offer AI development support and a multi-model framework to facilitate this competition. Additionally, Waton Financial has formed a Crypto Advisory Board as part of its strategic expansion into cryptocurrencies and digital assets. Arben Kane, who has experience in blockchain infrastructure and Web3 investment strategies, has been appointed as the first member of this advisory board. These developments reflect Waton’s efforts to enhance its capabilities in the AI and cryptocurrency sectors.
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