Today news
About the same in other media
SBI-Sygnum-Azimut DAO fund invests in Singapore crypto exchange, Coinhako
Reading now: 888
The SBI-Sygnum-Azimut Digital Asset Opportunity (DAO) fund announced today in a release that it made its first investment into Coinhako, a Singapore-based cryptocurrency exchange.
While the statement did not disclose the funding value, it specified that proceeds will be used to expand Coinhako geographically in Southeast Asia. Also, the exchange will work on growing verticals that focus on institutional and high-net-worth customer segments.
Considering big investors are looking at crypto to “risk-off” investments in equity and other asset classes, it could be a profitable vertical for the exchange. A recent report had also highlighted that a third of professional investors have dived into crypto while 55% have increased their crypto
Read more on ambcrypto.comAbout this in other media
Binance affiliate says will withdraw Singapore licence application economictimes.indiatimes.com /2 years ago
Binance Singapore to wind down all operations by February 2022 ambcrypto.com /2 years ago
Binance Repositions In Singapore, Pivots Toward Investment & Blockchain cryptonews.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
