Asia

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.

CVC Funds agree sale of OANDA to FTMO

CVC Asia Fund IV, via its holding limited partnership, has entered into an agreement for the sale of OANDA Global Corporation (OANDA) to FTMO group (FTMO).

Singapore’s CapitaLand invests $700M to develop its first date center in Japan

CapitaLand Investment Limited (CLI), a Singapore-based global real asset manager, has acquired a freehold land parcel in Osaka to develop its first data center in Japan which will entail a total investment of more than $700 million.

SoftBank partners Quantinuum for practical application of quantum computing

Japan-based internet services company SoftBank Corp. and global quantum computing firm Quantinuum announced Wednesday that they have agreed to a wide-ranging partnership in quantum computing.

SoftBank backs Helion $425M Series F investment to scale commercialized fusion power

Helion, a fusion energy company, has on Tuesday announced a $425 million Series F investment round that will be used to scale commercialization efforts for the company’s groundbreaking fusion technology.

NTT DATA launches Smart AI AgentTM and eyes $2B opportunity by 2027

NTT DATA, a Japan-based digital business and information technology (IT) services provider, has on Tuesday announced the international launch of its next-generation Smart AI AgentTM.

BitGo partners OneInfinity by OneDegree for digital asset custody risk management in Japan

BitGo, the global digital asset provider, has joined forces with OneInfinity by OneDegree, a Hong Kong-based digital asset insurance and security solution provider, for digital asset custody risk management in Japan.

Elev8.vc closes $30M deep tech fund to propel innovation in Singapore’s technology ecosystem

Elev8.vc’s new fund is expected to back 20 to 30 high-potential deep tech startups, providing them with both capital and strategic resources to accelerate their growth.

Alibaba Cloud: outlook for the tech ecosystem in Southeast Asia in 2025 is ‘extremely promising’

The focus will be on fostering innovation and collaboration across industries, particularly in cloud computing and AI, to help businesses accelerate their digital transformation.

Trump unveils $500B major AI infrastructure venture led by Softbank, Oracle & OpenAI

The initial equity funders in Stargate are SoftBank, OpenAI, Oracle, and MGX, who will work in close collaboration with technology partners Arm, Microsoft, NVIDIA, Oracle, and OpenAI, to advance cutting-edge AI capabilities, drive economic growth, and shape a future driven by innovation and opportunity.