Singapore-based crypto mining rig manufacturer Bgin Blockchain Limited has filed to go public in the US in an offering that’s predicted to generate $50 million. In a Feb. 21 filing to the US Securities and Exchange Commission, Bgin said it would offer around 59.54 million Class A ordinary shares and 15.69 million Class B ordinary shares. Its…
HK Asia Holdings Limited has increased its Bitcoin holdings to nearly 9 BTC, just a week after the investment firm saw its share prices double after buying its first Bitcoin. HK Asia, a Hong Kong-based investment firm, said in a Feb. 23 announcement that its board “has approved the Company to further increase its investment in Bitcoin”…
Crypto startups need to have not only a strong tech infrastructure but have the “ability to read the market and pivot when needed” to be worthy of investment, according to the founder of OKX’s investment arm. “For founders looking to work with us — yes, your tech needs to be solid, but we’re equally interested…