News list for " Assets and"
OSL Group announced the acquisition of the European digital asset and blockchain platform business for a total consideration of US $16.999 million (HK $132.30 million), of which it will acquire new target companies for a consideration of US $6.999 million (approximately HK $54.5 million), US $4.899,000 (approximately HK $38.2 million) in cash, and US $2.1 million (approximately HK $16.3 million) paid by issuing 2.032 million consideration shares, the consideration shares issued at a price of 8.1...
The Securities Supervision Commission of Hong Kong released the "Asset and Wealth Management Activity Survey 2023", which shows that the number of licensed institutions providing asset management in Hong Kong rose steadily by 12% to 2,161 in June 2024. In addition, the strong growth momentum of open-ended fund companies continued. Hong Kong-incorporated Securities Supervision Commission-authorized funds performed strongly. Net capital inflows continued to improve in the first quarter of 2024, re...
On May 7th, cryptocurrency exchange Bybit announced a new partnership with Ethena Labs, which will integrate the latter's synthetic US dollar USDe into its unified trading account (UTA) as a collateral asset. Users can use USDe to trade perpetual contracts of all assets, which is expected to generate profits and "unlock higher capital efficiency". The integration will also increase USDe's spot trading pairs with Bitcoin and Ethereum. USDe will also be launched on Bybit's Earn platform, allowing ...
