08:18 AM EST, 12/23/2024 (MT Newswires) -- NextGen Digital Platforms (NXT.CN) announced over the weekend that it is launching a third new business line focused on acquiring and holding positions in certain cryptocurrencies, including Solana (SOL), XRP (Ripple) and Dogecoin (DOGE).

Separately, the company announced its shares have been accepted for listing on the Frankfurt Stock Exchange and commenced trading on December 23, 2024, under symbol "Z12".

Over the weekend, the company said expansion will provide its investors with exposure to the rapidly expanding cryptocurrency sector while diversifying its technology holdings across e-commerce, artificial intelligence and Web3.

"By becoming a public proxy for a curated basket of these selected cryptocurrencies, we intend to offer investors a gateway into the digital asset economy," said Alexander Tjiang, NextGen's interim CEO. "This strategy reflects our confidence in the long-term potential of blockchain technology and its impact on finance, commerce, and society,"

Meanwhile, NextGen said the AI-powering workstation purchases previously announced in November are now in delivery following logistical challenges.

The company's share price surged 41.4% last Friday.