Asia

This event drew global investment leaders to Macao to delve into key themes reshaping the future of investment amidst today’s complex financial landscape. The summit highlighted the significant influence of investment and innovation on the future, positioning itself as a pivotal platform for groundbreaking discussions and collaborations.

The Sandbox, a user-generated content (UGC) metaverse platform of Hong Kong-based Animoca Brands, announced Thursday that it has raised $20 million of convertible promissory notes with a $1 billion valuation cap.

Taiwan-based Hon Hai Technology Group (Foxconn) has Tuesday announced that it plans to build an advanced computing center in Kaohsiung, Taiwan, with the NVIDIA Blackwell platform at its core.

Tether, the global digital asset firm, has announced a strategic investment of $18.75 million in XREX Group, a Taiwan-based fully regulated, blockchain-enabled financial institution.

Indian-founded artificial intelligence AI-powered, low-code test automation platform Testsigma announced Wednesday that it has raised $8.2 million in funding led by MassMutual Ventures.

Astroscale Holdings, a Japan-based space tech startup, is raising $153 million via initial public offering (IPO) at Tokyo.

Fibe, an India-based Fintech firm, has raised $90 million in a Series E round led by TR Capital, Trifecta Capital and Amara Partners. Its existing investors TPG Rise Fund, Norwest Venture Partners, Eight Roads Ventures and Chiratae Ventures also participated in the round.

Hong Kong-based digital coupon platform Mezzofy has on Wednesday announced the completion of Pre-series A funding round of $2 million to bring the start-up's global expansion plan to life and support its product advancement for the web3 future.

Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International, has partnered with Mongolian full service bank Khan Bank to enable digital payment of 12 international e-wallets in Mongolia to drive tourism and merchant growth.

The Hex Trust Group, a Hong Kong-based provider of digital asset solutions for institutional finance, protocols, foundations, and the Web3 ecosystem, has secured an additional Virtual Asset Service Provider (VASP) license from the Virtual Asset Regulatory Authority (VARA) in Dubai.