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2025-04-26 05:47:12 -

BYD Sime Motors partners Malaysia’s Ministry of Transport to reduce carbon emissions through EVs in the country
BYD Sime Motors, the official distributor of BYD cars in Malaysia, is partnering up with the Ministry of Transport (MOT) of Malaysia to advance the nation’s low-carbon mobility agenda. A key focus of this collaboration is reducing carbon emissions through increased EV adoption in Malaysia, BYD Sime Motors said in a statement on Wednesday. This partnership introduces a six-month program...

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2025-02-10 17:39:24 -

Hong Kong-based cryptocurrency custodian Hex Trust secures strategic investment from Morgan Creek
Hex Trust, a Hong Kong-based digital assets financial service provider specializing in custody, staking, and market services, has successfully secured a strategic funding round led by Morgan Creek Digital with participation from global investors including Injective. Hex Trust said in a statement on Friday that this new funding brought its total funding to date to over $100 million. This...

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2025-04-28 07:57:46 -

Luno expands Malaysia’s digital asset list with two new coins
Global cryptocurrency company Luno has expanded its list of digital assets with the launch of two new coins – Algorand and NEAR Protocol in Malaysia. Luno said in a statement on last Friday that this launch is also the first batch of digital assets approved by the Securities Commission Malaysia this year for both Luno and the country. The two new coins bring Luno’s digital assets...

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2025-04-17 08:51:46 -

Raffles Family Office debuts digital asset fund in Hong Kong
Raffles Family Office (RFO), a multi-family office based in Asia, has debuted its digital asset fund in Hong Kong. In a statement, RFO has announced that the flagship company of the group, Raffles Assets Management (HK) Co. Limited (RAMHK), after receiving consent from the Securities and Futures Commission to its change in business plan in managing portfolios that invest in virtual assets, has...

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2025-03-18 01:59:15 -

Singapore’s BetterX secures $1.72M in Pre-Series A funding to expand into Asia, the Middle East, and the US
BetterX, a Singapore-based digital asset-focused business to business (B2B) platform, has successfully closed a S$2 million ($1.72 milion) pre-Series A funding round. The round saw participation from existing investors, including Aura Group and Tibra Co-founder Kinsey Cotton, alongside new investors such as Sydney’s Grand Prix Capital,Singapore’s Aument Capital and angels including...

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2025-04-25 08:58:17 -

Singapore-based financial institution Penguin Securities secures MAS CMS license
Penguin Securities, a Singapore-based financial institution, has been granted a Capital Markets Services (CMS) license by the Monetary Authority of Singapore (MAS). With its CMS license, Penguin Securities is authorized to offer a fully integrated investment solutions and diverse capital markets products to accredited and institutional clients, including securities, structured products,...

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2025-04-26 05:44:56 -

SoftBank, Tether, Bitfinex team up to launch Bitcoin-native venture
SoftBank Group Corp., Tether and Bitfinex have teamed up to launch Twenty One Capital, Inc., a bitcoin-native company, through a business combination with Cantor Equity Partners (CEP). Cantor said in a statement on Wednesday that Twenty One, a newly formed entity, has entered into a definitive agreement for a business combination with CEP, a special-purpose acquisition company (SPAC) sponsored...

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