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HKEX rolls out Asia’s first crypto asset ETFs
Hong Kong Exchanges and Clearing Limited (HKEX) has on Friday rolled out Asia’s first crypto asset exchange traded funds (ETFs), further expanding its product ecosystem by offering Hong Kong and international investors even greater choice.
Thailand’s Robinhood expands services into supermarket, delivery, transportation and travel
Thailand food delivery app Robinhood is now expanding its services into four key areas including supermarket, delivery, transportation and travel, in line with its plans to become a super-app.
Validus secures first tranche in Series C-1 round from major East Asian strategic investors
Validus, the Singapore-based financing platform, has on Friday announced that it has secured its first tranche of funds in a Series C-1 round with new, key strategic investors NongHyup Financial Group, NorinChukin Bank, Aizawa Asset Management and Lotte F&L Singapore.
Vietnam’s VinFast selects IMA to provide roadside assistance for European customers
Vietnam-based electric vehicle maker VinFast and France-based roadside assistance provider IMA Group (IMA) have on Thursday announced a new collaboration to provide roadside assistance for VinFast customers in Europe.
Animoca Brands announces Mocaverse, the NFT collection to empower Web3 community connections
Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, announced Thursday Mocaverse, its official PFP NFT collection designed to strengthen the company’s ecosystem of Web3 and metaverse-centric projects.
Singapore’s Digital Entertainment Asset secures $10M from LDA Capital to accelerate expansion
Digital Entertainment Asset (DEA), a Singapore-based operator of the PlayMining non-fungible token (NFT) gaming platform, announced Wednesday it has raised a $10 million investment from United States-based LDA Capital, a global alternative investment group.
Southeast Asia’s superapp Grab to implement cost cuts, cites uncertain macroeconomic situation – report
Tan said the company has been cautious with how it has spent money over the past two years, streamlining some businesses, tapering down incentives as well as slowing down hiring. These measures had helped Grab get closer to its profitability goals
South Korea’s Postype raises $7.6M funding led by Sui Generis Partners
Postype, a creator-focused content publishing platform based in South Korea, has announced that it has raised $7.6 million. The funding round was led by Sui Generis Partners with additional participation from other high-profile South Korean investors, including Shinhan Venture Investment, We Ventures, Atinum Investment, KB Investment, and Playmake Ventures.
Singapore’s Aktivolabs scores $10M capital commitment from Mitsui to fuel global expansion
Aktivolabs Pte Ltd, a Singapore-based health tech firm, announced Thursday that it has secured a $10 million capital injection for a Series A round led by Mitsui & Co., Ltd., Adaptive Capital Partners and SEEDS Capital, the investment arm of Enterprise Singapore.
