Blockchain/Bitcoin

YAS MicroInsurance Closes US$4.5 Million Pre-series A

YAS MicroInsurance, a blockchain based insurtech company, announced the completion of its US$4.5 million Pre-Series A funding round. led by Noria Capital, ZEMU VC and JKL Capital. Lead investor Noria Capital will also share its expertise in the Middle East

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BIS: World’s First CBDC Pilot With Four Countries Is Completed

The Bank for International Settlements – BIS Innovation Hub Hong Kong Centre, Hong Kong Monetary Authority, Bank of Thailand, People’s Bank of China and the Central Bank of The UAE announce the successful completion of the first CBDC pilot involving

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Animoca Brands Raises US$38M From True Global Ventures, Appoints New CFO

True Global Ventures 4 Plus Fund and Follow On Fund (TGV 4 Plus FoF) has invested US$38 million in Animoca Brands and bought US$16 million in equity from the secondary market. This comes in addition to TGV’s participation in the

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BIS, HKMA to Explore Use of DeFi Tools to Improve SME Financing

The BIS Innovation Hub’s Hong Kong Centre and the Hong Kong Monetary Authority (HKMA) will look into the use of decentralised finance (DeFi) tools to improve access to finance for unfunded and underfunded small and medium enterprises (SMEs). The launch

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HashKey Capital Limited Gets SFC Approval to Manage 100% Virtual Asset Portfolio

HashKey Group’s crypto fund HashKey Capital Limited has been granted an uplift of its Type 9 asset management license by the Securities and Futures Commission (SFC) of Hong Kong to manage funds exclusively investing in virtual assets. With this, the

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Hex Trust Adds Fintech Veteran Henri Arslanian to Its Advisory Board

Hex Trust, a digital asset custodian which is fully licensed in Hong Kong and Singapore, announced that Henri Arslanian has joined its advisory board. Henri brings with him years of extensive experience, vast knowledge and an expansive network in digital

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Animoca Brands Japan Raises US$45 Million From Parent Firm and MUFG

Animoca Brands’ Japanese subsidiary announced that it has raised a total of US$45 million to increase the value and utility of its branded content while fostering the development of a safe and secure NFT ecosystem in the country. The investment

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InvestHK and HKMA Launches a CBDC-Focused Vertical at the Global Fast Track 2022

Invest Hong Kong (InvestHK) and the Hong Kong Monetary Authority (HKMA) jointly announced the addition of the Central Bank Digital Currency (CBDC) track to the Global Fast Track 2022 programme. Global Fast Track, organised by InvestHK and co-organised by Finnovasia,

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OSL’s Private STO Saw Participation from Animoca Brands

OSL Digital Securities Limited (OSL) announced it that it became the first Type 1 SFC-licensed digital asset broker to distribute security tokens to professional investors in Hong Kong in a private security token offering (STO). Participants in the offering include

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Huobi Applies for Virtual Asset Trading Licenses from Hong Kong’s SFC

Investment holding company Huobi Technology has applied for trading licenses from the Hong Kong Securities and Futures Commission (HKSFC) through its subsidiary Huobi Services. Huobi has applied for the Type 1 (securities trading) and Type 7 (provision of automated trading

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