Asia

Prenetics Global Limited, a United States-listed genomic and diagnostic testing firm, has announced that it is acquiring a majority stake in ACT Genomics Holdings Company Limited, an Asia based genomics company specializing in precision oncology.

In the interview, Ong also shared how Web3 technologies are shared BIGO’s vision of the metaverse, some of the key trends and developments that will shape the social media and livestreaming industry in 2022 and beyond, among others.

Tencent Cloud, the cloud business of China-based technology company Tencent, has on Monday announced its collaboration with Nexon Co., Ltd., a global video game publisher, in powering up the launch of its metaverse platform NEXONTOWN.

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.

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.

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.

Java Capital, a seed stage focused, SEBI registered Alternate Investment Fund (AIF) in India, has announced the launch of its first fund with a corpus of INR 75 crore ($9 million), including a greenshoe option of Rs 25 crore.

South Korea-based edtech startup Mathpresso announced Tuessday it has completed a Series C extension round, which brings the round’s total to approximately $70 million. The newest round was participated by Signite Partners – a corporate venture capital arm of Shinsegae Group and YBM – one of Korea’s largest education management companies.

SOOHO.IO, the South Korea-based DeFi infrastructure service provider, is announcing $4.5 million in a Series A+ funding round from Woori Technology Investment Co Ltd. The funding will accelerate SOOHO.IO goal to become the SWIFT for Web3 in the Korean blockchain industry.