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Singapore’s Pyxis secures $10M in growth funding round to accelerate Asia’s maritime electrification

Pyxis, a Singapore-based maritime electrification startup, has secured S$13 million ($10.06 million) in the first close of its S$18 million ($13.94 million) growth funding round.

Bursa Malaysia introduces CSI platform for sustainability disclosures

Bursa Malaysia Berhad has introduced an enhanced prescribed format for sustainability disclosures through its Centralized Sustainability Intelligence (CSI) Platform effective on Monday, as part of its efforts to strengthen alignment with international disclosure standards.

Green GSM officially launches electric taxi service in Davao

The Philippines-based Green GSM has launched its all-electric taxi service in Davao, marking the company’s first expansion outside Metro Manila and part of its long-term plan to support a clean, modern, and well-managed transportation system across key Philippine cities.

MetaComp and Stable join forces to boost cross-border payments with stablecoins

MetaComp Pte. Ltd., a major payment institution and digital payment token service provider based in Singapore, has entered into a strategic collaboration with Stable, a next-generation Layer 1 blockchain optimized for stable coin adoption and cross-border payments.

VinFast invests $1B to expand EV production in Indonesia

Vietnam-based automaker VinFast has announced an investment of $1 billion to expand its electric vehicles (EV) production in Indonesia.

Yinson GreenTech’s marinEV collaborates with Toll Group to launch Singapore’s first decabonization hub

Yinson GreenTech’s marinEV has partnered with Toll Group on the launch of Singapore’s first decarbonization hub dedicated to electric supply vessels, a significant milestone for sustainable maritime logistics in the region.

Singapore’s Aspire secures licenses in Australia, Europe and the United States for global expansion

Aspire, the Singapore-headquartered fintech, announced Tuesday a series of regulatory milestones marking a major step in its global expansion.

Singapore’s Olea secures $30M in Series A funding led by BBVA

Olea Global Pte Ltd, a Singapore-based global digital trade finance platform, has announced the successful completion of its $30 million Series A funding round.

Animoca Brands to partner with GROW, invest in GROW Digital Wealth

Animoca Brands, a Hong Kong-based digital assets firm, announced Tuesday that it has entered into a term sheet with GROW Investment Group (GROW), a China-based investment and asset management platform backed by Julius Baer.

A person holding two gold coins in their hand

Three years after the FTX collapse, did we really learn?

The industry needs to move beyond short-term fixes. Proof-of-reserves snapshots are insufficient because they rarely reveal liabilities. Risk models should be documented with clarity comparable to traditional derivatives markets. Platforms must adopt incident-reporting frameworks that provide users with timely, specific information rather than controlled…