US-listed Mogu Inc. plans to invest up to $20M in crypto

Mogu Inc. (NYSE: MOGU), a company listed on the New York Stock Exchange, has announced plans to invest up to $20 million in cryptocurrency. In a filing with the U.S. Securities and Exchange Commission (SEC), the company stated that its board of directors has approved the investment plan. Mogu intends to invest primarily in securities and products related to BTC, ETH, and SOL.