9GAG Steps into the Crypto and AI Arena
9GAG, the meme-sharing platform, has acquired Howkingtech International, a Hong Kong-listed company, for around $10.2 million. The move is part of 9GAG’s plan to go deeper into Bitcoin, artificial intelligence (AI), and the creator economy. The effort is being led by Ray Chan, 9GAG’s co-founder.
Rebranding and Strategic Focus
The company plans to rename Howkingtech to “MemeStrategy.” According to reports, MemeStrategy will focus on investing in Bitcoin, developing AI tools, and building out decentralized infrastructure that supports web3 and digital creators.
Market Response
Following the acquisition news, shares of Howkingtech rose 3.5% on the Hong Kong Stock Exchange. The price movement reflects growing investor interest in crypto-related pivots—especially when AI is part of the pitch.
Official Statements
Ray Chan said that being a public company allows them to build projects transparently and raise awareness more effectively. He also mentioned the importance of helping Hong Kong become a global hub for virtual assets.
Final Take
9GAG’s move to buy a listed firm and spin it into a web3 and AI venture is another sign that meme-native platforms are stepping into serious tech territory. With MemeStrategy now live, we’ll see whether this combo of memes, crypto, and AI sticks or fizzles.
