BGX, one of the leading fully regulated cryptocurrency services providers in Hong Kong, recently announced plans to put in a strategic investment into BC Technology Group, Hong Kong’s only publicly listed company dealing in digital assets.
The upcoming strategic investment facilitates the subscription of new shares under a specialized mandate. This subscription, if allowed by shareholders, will set a landmark in the BC Technology Group’s endeavor to foster a new age of digital asset innovation.
A Closer Look Into The Strategic Investment by BGX
According to reports, BGX concurs to subscribe for BC Technology Group’s shares setting sights on investing a whopping HK$710 million or $90 million. The aforestated investment seems to come in alignment with the OSL, BC Technology Group’s side company, planning to lead the regulation evolution of the digital asset sector within Hong Kong.
The aforementioned partnership also seems to fall in line with the OSL’s vision to offer secure a
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