Morgan Stanley issued a research report on March 20 giving MINIMAX (Hong Kong stock code 00100.HK) an overweight rating with a target price of HK$990. The report noted that MINIMAX has made significant progress in large language model iterations and enhanced its AI capabilities, with expectations of considerable token growth potential.

Moody's Ratings launched the Token Integration Engine (TIE) system on March 18, bringing credit rating data on-chain for the first time and connecting traditional ratings with blockchain. This allows authorized participants to access credit information in blockchain-based financial processes. The system is initially deployed on the permissioned blockchain Canton Network, with plans to expand to more blockchains and asset types in the future.