Iveda has taken a major step in its financial strategy with a new cryptocurrency purchase approved by its board of directors. The decision reflects the company’s focus on capital allocation, asset diversification, and embracing innovation in a fast-evolving digital economy.
According to PANews, Iveda, known for its cloud video AI search and surveillance technology solutions, will now include cryptocurrency in its asset portfolio. The announcement, originally reported by Businesswire, highlights the company’s forward-looking approach as it explores opportunities in the blockchain and digital finance space.
With this move, Iveda joins a growing list of companies integrating cryptocurrency into their strategies for long-term growth and diversification.