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November 23, 2022 at 11:57AM

Hex Trust wins license for virtual asset services in Dubai

// Hong Kong-based Hex Trust has secured a license from Dubai’s Virtual Assets Regulatory Authority (VARA) to provide services to institutional clients and investors in the Emirati city. https://www.techinasia.com/hex-trust-wins-license-virtual-asset-services-dubai //

Hex Trust wins license for virtual asset services in Dubai

Hong Kong’s XanPool hits $400m valuation after raising $41m in 2022

// Jeffery Liu, CEO of XanPool, founded the company in 2019 alongside Artem Ibragimov, who serves as its CTO. The firm has since grown to have over 2 million users, and it has partnered with crypto companies such as Binance, Bitcoin.com, and Bybit. https://www.techinasia.com/hong-kongs-xanpool-hits-400m-valuation-raising-41m-2022 //

Hong Kong’s WeLab considers new funding round

// According to Bloomberg, the fintech firm is valued at around $2 billion and is looking to raise $200 million to $250 million. In collaboration with Astra, one of Indonesia’s largest private companies, WeLabs recently acquired Indonesian commercial bank, Bank Jasa Jakarta, for an undisclosed sum, claiming the transaction to be Southeast Asia’s largest digital […]

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