Asia

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).

Here’s a closer look at the winners of She Loves Tech Global Competition 2022

We talked to the winners of She Loves Tech Global Winners 2022, to learn more about these female entrepreneurs, their ambition, their aspirations and their plans in 2023.

EV, bioeconomy among industries poised for exponential growth, says investor & author Azeem Azhar

Azeem is one of the speakers at the DLD Conference held between January 12 and 14 in Munich, Germany.

FWD to enter Malaysian life insurance market with strategic investment in Gibraltar BSN

Hong Kong-based insurance firm FWD Group Holdings Limited will enter the Malaysian life insurance market following the signing of an agreement to invest in a majority stake in Gibraltar BSN Life Berhad (Gibraltar BSN).