Nasdaq-listed digital asset finance company SOLOWIN announced that it has reached an equity investment agreement with Singapore's cross-border transfer agency GPL Remittance to acquire 19% of its equity. The specific investment amount has not been disclosed. The latter currently holds a major payment institution (MPI) license issued by the Monetary Authority of Singapore (MAS).
Previously, SOLOWIN has announced that it will jointly launch a bitcoin quantitative fund with a scale of 100 million US dollars, and will use a data-driven algorithmic trading strategy to invest in bitcoin.
SOLOWIN invests in Singapore MPI licensee GPL Remittance and acquires 19% stake
2025-08-20 02:14:56
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