News

Animoca Brands and affiliates make strategic investment in Cool Cats

Animoca Brands and its affiliates announced last Friday the completion of its strategic investment in Cool Cats Group, owner of the iconic Cool Cats NFT brand.

World Mobile and Protelindo enhance global connectivity with Stratospheric connection

World Mobile, a global aerostats and blockchain-driven telecommunications infrastructure firm, has joined forces with Protelindo, Indonesia’s largest digital infrastructure company, to launch a stratospheric connectivity platform, World Mobile Stratospheric.

MIDA and MUFG Bank partner to drive Malaysia’s innovation economy

The Malaysian Investment Development Authority (MIDA) and global banking subsidiary MUFG Bank (Malaysia) Berhad announced last Thursday a ground-breaking partnership to accelerate high-value investments in Malaysia.

Singapore-based Nibertex closes $7M Series A funding round led by TNB Aura

Nibertex, a Singapore-based deep-tech manufacturing company specialising in per- and polyfluoroalkyl substances (PFAS)-free waterproof and breathable textile membranes, announced last Friday the successful closure of its $7 million Series A funding round.

Animoca Brands jointly establishes Anchorpoint with strategic partners to apply for a stablecoin issuer license in Hong Kong

Animoca Brands announced last Friday that it has established a joint venture, Anchorpoint Financial Limited in Hong Kong, together with Standard Chartered Bank (Hong Kong) Limited (SCBHK) and HKT, with the aim to build a business model focused on the issuance and advancement of licensed stablecoins.

J&C Pacific partners with PayNet to revolutionize FMCG promotions via AI WhatsApp platform

J&C Pacific Sdn Bhd, a Malaysia-based artificial intelligence (AI)-driven retail marketing solutions firm, has entered into a strategic collaboration with Payments Network Malaysia Sdn Bhd (PayNet), the national payments network and the operator of the MyDebit scheme, to modernize the way fast-moving consumer goods (FMCG) campaigns are executed in…

Open DC unveils Penang’s first next-generation data center

As demand for high-performance computing and low latency connectivity intensifies, Open DC, a Malaysia-based data center solutions firm, has unveiled Penang’s first full-scale, next generation data center (PE2).

Maybank: Grab could counter Uber’s exit with its own buyback

Mabybank Investment Bank foresees Grab could counter Uber’s exit with its own buyback as the latter's minority stake recycle raises concern.

Animoca Brands and ProvLabs to co-develop NUVA to accelerate access to tokenized real-world assets

Animoca Brands and Provenance Blockchain Labs (ProvLabs), announced Thursday they have formed a strategic partnership to co-develop NUVA, a vault marketplace that connects real-world asset (RWA) issuers with investors.

Kamet Capital invests $8.4M in Singapore’s AI avatar platform TopView

Kamet Capital, a multi-single-family office headquartered in Singapore, has announced the completion of its exclusive Series A investment of approximately $8.4 million into artificial intelligence (AI) avatar platform TopView.ai (TopView) at a valuation of around $30.7 million.