GTC Group announces partnership with NASDAQ (BHAT)

GTC Group, a leading financial derivative trading service group based in Dubai, officially forged a strategic cooperation agreement with Blue Hat Interactive Entertainment Technology Ltd. (NASDAQ: BHAT). This collaboration marks a significant alliance in the financial derivatives trading sector.

Under the agreement, BHAT will expand into various financial services sectors including commodities, foreign exchange, stocks, and indices, while GTC GROUP will provide core operational services along with cutting-edge trading platforms and the latest trading technology. Together, we aim to foster the development of financial derivatives trading markets in the GCC, Middle East, Asia, Africa, and other regions.

Jack Zheng, CEO of GTC GROUP, emphasised the company's accomplishments in the financial derivatives trading sector, boasting monthly trading volumes exceeding $50 billion as of the end of 2023. Through collaboration with BHAT, GTC GROUP aims to advance innovation and development in financial trading services globally.

GTC GROUP and BHAT are committed to establishing a prestigious brand for digital trading of financial derivatives, with monthly trading volumes projected to exceed $100 billion in Dubai, an international financial hub, thereby setting a new benchmark for the financial trading technology industry. This collaboration promotes the advancement of financial technology and offers more innovation and choices to the trading markets.

Pan, chief strategy officer of BHAT, emphasised that the collaboration with GTC Group signifies BHAT's transition to AI services and accelerates its internationalisation process. This strategic cooperation presents lucrative opportunities for both parties, enhancing BHAT's capabilities in the financial services sector and bolstering GTC GROUP's influence in global financial markets.