Its losses widening, Bitfire builds up its bets on the stablecoin race
Once built around crypto trading, the company is accelerating its push into the stablecoin and asset management businesses as it chases a place in the next wave of digital finance…
OSL firms its capital with new top-up, as it pitches stability in a volatile crypto world
The provider of stablecoin trading and payment services has raised $200 million through a share sale to Fidelity Key Takeaways: OSL has raised $200 million by selling shares to Fidelity,…
Transforming Qian Xun adds polish to new business with crypto cachet
The advertising services company is allowing users to settle payments for its newer business in used gadget trading using stablecoins Key Takeaways: Qian Xun has unveiled PayKet, allowing users to…
361 Degrees sprints ahead of retail rivals with stablecoin exploration
The sportswear seller announced it is researching the potential for accepting stablecoins as payment as Hong Kong experiments with the cryptocurrency type Key Takeaways: 361 Degrees announced it is exploring…
Hong Kong: China’s IPO pipeline and crypto lab
Companies raised $13.6 billion through Hong Kong IPOs in the first half of the year, giving the city the global fundraising title for that period. What's behind the sudden boom? And a growing number of Chinese companies are experimenting with cryptocurrencies in Hong Kong, even as such currencies are banned on the Mainland. What's driving such different approaches on the Mainland and in Hong Kong?
BRIEF: DMall prepares to apply for stablecoin license, stock soars
Retail software services provider DMall Inc. (2586.HK) announced on Thursday that it is preparing to apply for a Hong Kong stablecoin license, and has already purchased bitcoin in the public…