Hong Kong Insurer OneDegree Offers Digital Assets Protection for HKbitEX

Hong Kong’s multi-line insurer OneDegree announced a partnership with digital asset exchange HKbitEX to offer protection for its sister company ON1ON’s custody platform. The partnership will ensure that US$100 million of digital assets under management will be protected. OneDegree will cover private key loss and misappropriation due to physical damage to wallets caused by natural […]

Baekdu Technologies Raises $1mln from Mirae Asset Venture, Continuing Its Lead in the DeFi System Trading Industry

Seoul, South Korea, Nov 8, 2021 – (ACN Newswire via SEAPRWire.com) – Baekdu Technologies Inc. has secured $1 million pre-A funding, led by Mirae Asset Venture Investment. Baekdu is one of two companies that Mirae Asset has invested through its proprietary fund this year. Baekdu Technologies is a blockchain hedge fund that invests in ways […]

Baekdu Technologies Raises $1mln from Mirae Asset Ventures, Continuing Its Lead in the DeFi System Trading Industry

Seoul, South Korea / November 6, 2021 / SEAPRWire / – Baekdu Technologies Inc. managed to secure a bag of $1 million from Mirae Asset Ventures in its pre-A round. Baekdu is one of the two companies that Mirae Asset Ventures invested with its proprietary fund this year. Baekdu Technologies Inc. is a blockchain hedge fund that invests […]

StraitsX surpasses SGD 2 billion mark in digital assets-related transactions in 2021 and unveils new platform

SINGAPORE, Oct 11, 2021 – (ACN Newswire via SEAPRWire.com) – StraitsX, Southeast Asia’s pioneering digital assets platform developed by Xfers, a Singapore-based FinTech licensed by the Monetary Authority of Singapore (MAS) for e-money issuance, today announced that it has surpassed the SGD 2 billion mark in digital assets-related transactions on its payment platform in 2021 […]

Hong Kong’s Digital Asset Custodian Hex Trust Raises US$10 Million

Hong Kong-based digital asset custody service provider Hex Trust has raised US$10 million in an investment round led by Animoca Brands. Animoca Brands, which integrates entertainment and gamification with blockchain technology, will serve as a strategic partner to Hex Trust as the custodian rolls out additional services covering the non-fungible tokens (NFTs) market. Other investors […]

AA Digital Asset Management Service Centre Grand Opening Ceremony

Singapore – In Singapore, 26th September 2021, the AA Digital Asset Management Service Centre, located in the core area of Singapore’s CBD, was grandly opened. The Singapore A&A Digital Asset Management Service Centre was originally established by Singapore A&A Blockchain Technology Innovation Pte Ltd. “Digital Asset Management Service” is the core business of the organisation and a fairly […]

Yang Xiaosong: The Institutional Investor’s Road to Carbon Neutrality

BEIJING, Aug 30, 2021 – (ACN Newswire via SEAPRWire.com) – Yang Xiaosong, CEO of China Southern Asset Management Co., Ltd. (“Southern Asset Management”), was asked to deliver the keynote speech at the first ESG Global Leaders Summit on August 26 in Beijing, sponsored by Sina Finance ESG Channel and CITIC Publishing Group. The Summit presented […]

Philippines’ Unionbank Partners Hex Trust to Pilot Its Digital Asset Custody Service

The Union Bank of the Philippines (UnionBank) has partnered with digital asset custodian Hex Trust to pilot its digital asset custody service that is in compliance with the Bangko Sentral ng Pilipinas (BSP). The collaboration will start with Hex Trust providing digital asset custody as an internal service for UnionBank employees as a pilot run. […]

BlueHelix Group (BHEX) releases HDEX, world’s first decentralized trading platform to support cross-chain deposit/withdrawal and trading any asset

SINGAPORE, Jul 10, 2021 – (ACN Newswire via SEAPRWire.com) – BlueHelix Group (BHEX) has released HDEX, the world’s first decentralized trading platform that supports decentralized cross-chain deposit/withdrawal and trading of any asset, on July 8. HDEX is the perfect landing for BlueHelix’ decentralized financial strategic layout and will continue to empower the BHEX centralized trading […]

ZA Makes Moves in Digital Asset Market by Signing Deal With Crypto Firm BC Group

ZA International announced that it has entered into a mutual collaboration agreement with BC Technology Group, the parent company of OSL Digital Securities which is a Securities and Futures Commission (SFC)-licensed digital asset platform. The collaboration will see OSL become the exclusive digital asset trading partner to ZA International and support its first digital asset […]

Digital Asset Custodian Hex Trust Raises Undisclosed Sum From Cyberport

Hong Kong-based digital asset custody service provider Hex Trust announced it has successfully secured investment from Cyberport, a local fintech hub and digital community. The sum was not disclosed. The investment enables Hex Trust to scale operations, hire key talents across Hong Kong and Asia, and enhance its licensing framework to meet Asia’s rising institutional […]

China Huarong’s “Recent Concerns” and “Future Worries”

HONG KONG, Jun 30, 2021 – (ACN Newswire via SEAPRWire.com) – (This article is reprinted from Gelonghui) Since China Huarong announced the postponement of its 2020 results, several international rating agencies have downgraded its corporate and bond ratings. On June 2, S&P Global Ratings announced that it would continue to keep its “BBB+” long-term and […]

HK’s BC Group Partners StanChart to Launch Crypto Platform for Institutional Clients

SC Ventures, the innovation and ventures unit of Standard Chartered, announced a partnership with BC Technology Group, the parent company of Hong Kong’s licensed digital asset platform OSL. The joint venture (JV) was formed to establish a digital asset brokerage and exchange platform for institutional and corporate clients in the UK and Europe and aims to […]

Hong Kong Releases Consultation Conclusions for Virtual Asset Exchange Licensing Regime

Hong Kong’s Financial Services and the Treasury Bureau (FSTB) has released a paper outlining the conclusions to its consultation on a proposed licensing regime for virtual asset exchanges. The Hong Kong government is proposing legislative changes to enhance anti-money laundering and counter-terrorist financing (AML/CTF) regulation through the introduction of a regulatory framework for so-called virtual […]

BitWell will Access PayPal to Facilitate Bitcoin Purchases

SINGAPORE, May 10, 2021 – (ACN Newswire via SEAPRWire.com) – BitWell, a digital asset derivatives trading platform, announced that it will access global payment channels such as Visa, PayPal, and Master Card, providing users in over 65 countries and regions with access to 300 fiat currency payment channels and 20 digital currency payments, to facilitate […]

Hong Kong’s OSL Facilitated Meitu’s US$ 10 M Bitcoin Transaction

OSL announced that its SFC-licensed digital asset brokerage OSL Digital Securities acted as the trade execution and custody partner for Hong Kong-listed Meitu, and facilitated its latest digital asset treasury transaction, a purchase of approximately 175 units of Bitcoin with a total value of USD10 million. The transaction follows OSL Digital Securities going live with […]