Tag: HongKong

Fidelity International Invests $14M in Hong Kong Crypto Exchange Operator

Fidelity International, a spin-off from the U.S. financial services giant Fidelity Investments, has invested $14 million in the Hong Kong-based operator of crypto exchange OSL. According to public disclosures on Friday, Fidelity International bought 17 million shares of OSL...

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Crypto Finance Startup Amber Raises $28M in Series A Led by Pantera, Paradigm

Amber Group, a Hong Kong-based startup offering a range of cryptocurrency finance services, has raised $28 million in a Series A funding round. Leading the investment are Paradigm and Pantera Capital, with Polychain Capital, Blockchain.com, Coinbase Ventures and Fenbushi...

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Guangdong Blockchain Financing Platform Aims to Help Small Business

The Guangdong government launched a blockchain-based financing platform Thursday that will help small companies in the region receive loans faster from commercial banks.  The government-led project is supported by Alibaba’s fintech arm Ant Financial and OneConnect, a subsidiary of...

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Hong Kong Blockchain VC Hires Former NEO Exec to Launch Shanghai Office

CMCC Global, a Hong Kong-based venture capital firm, has hired Zhao Chen from Neo Global Development, one of the largest blockchain companies in China.  Chen will join company as a partner to open an office in Shanghai to lead...

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UN to Use Blockchain to Tackle Exploitation of Migrant Workers in Hong Kong

The U.N.’s International Organization for Migration (IOM) will begin implementing a blockchain-based solution to ensure recruiters in Hong Kong meet global standards for migrant worker protection. Announced Monday, the IOM said it would begin using the International Recruitment Integrity...

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