Asia
Mitsui & Co. invests in U.S. based healthcare technology company Koios Medical
Mitsui & Co., Ltd. has participated as a lead investor in a Series B round financing of Koios Medical, Inc. (Koios), a U.S.-based healthcare technology and digital medicine company.
SoftBank, Ant Group seek to sell Paytm stake to reduce holding in payments firm – report
Ant Group and SoftBank have discussed selling shares in the company through a secondary stock deal, according to the report.
Japan’s Astroscale raises $76M G round funding from new investors
Astroscale Holdings Inc., the Japan-based firm in satellite servicing and long-term sustainability across all orbits, has closed a Series G round with more than $76 million in funding. The investment were come from new investors Mitsubishi Electric, Yusaku Maezawa, Mitsubishi UFJ Bank, Mitsubishi Corporation, Development Bank of Japan, and FEL Corporation.
HashKey gets approval to conduct off-platform virtual asset trading (OTC) in Hong Kong
HashKey Group, a Hong Kong-based digital asset financial services provider in Asia, has announced that it has obtained approval from the Securities and Futures Commission of Hong Kong (SFC) to carry on an off-platform virtual asset trading business out of (OTC) for Hash Blockchain Limited (HBL).
Animoca Brands Japan invests in Taiwanese firm Passion Labs
Animoca Brands Japan, a strategic subsidiary of Hong Kong-based gaming firm Animoca Brands Corporation Limited (Animoca Brands), has invested in Passion Labs, a platform providing customer experience and community engagement tools to empower users with data ownership and help brands build communities.
Grease Monkey Games partners with Mishimoto for Torque Drift 2
Grease Monkey Games, a subsidiary of Hong Kong-based gaming firm Animoca Brands, has joined forces with Mishimoto, the leader in car cooling aftermarket parts, for the upcoming Torque Drift 2.
Southeast Asia & South Asia see 83% drop in fintech startups; investors opt for risk-averse strategies
The countries of South and Southeast Asia saw a year on year decline of 83 percent in new fintechs in 2022, with only 349 startups emerging in the region, says Robocash Group.
SFC consults on proposals to regulate virtual asset trading platforms
The Securities and Futures Commission (SFC) has on Monday launched a consultation on the proposed requirements for operators of virtual asset trading platforms. Under a new licensing regime to take effect on June 1, 2023, all centralised virtual asset trading platforms carrying on business in Hong Kong or actively marketing to Hong Kong investors will need…
Singapore and India launch real-time payments
The Monetary Authority of Singapore (MAS) and the Reserve Bank of India (RBI) have on Tuesday launched the linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI).
