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Netcoins owner BIGG Digital Assets to fully acquire Web3 Firm Terrazero for $20m
BIGG Digital Assets, the entity listed on the Canadian Securities Exchange (CSE) and holding ownership of the online cryptocurrency brokerage Netcoins, has entered into an agreement to acquire additional shares of Web3 enterprise Terrazero Technologies Inc. This transaction, valued at $20 million, is aimed at obtaining the remaining shares of Terrazero not currently held by BIGG. The anticipated conclusion of this transaction is set for September 2023.
Read the original article here: https://www.crowdfundinsider.com/2023/08/212047-netcoins-owner-bigg-digital-assets-to-fully-acquire-web3-firm-terrazero-for-20m/
Indian billionaire Mukesh Ambani’s firm will explore blockchain platforms and CBDCs
Reliance Industries Ltd. is embarking on a new journey into the realm of blockchain and central bank digital currencies (CBDCs), as revealed by Mukesh Ambani, the Chairman and Asia’s wealthiest individual. Chairman Ambani’s conglomerate, Reliance, has set its sights on the financial domain with the recent launch of its financial services arm, Jio Financial Services (JFS), earlier this month. This strategic move has gained further momentum through the announcement of a partnership with BlackRock (BLK). The revelation of its latest ventures into CBDCs and Blockchain took centre stage during the company’s pinnacle event of the year, the annual general meeting.
Read the original article here: https://www.coindesk.com/policy/2023/08/28/indian-billionaire-mukesh-ambanis-firm-will-explore-blockchain-platforms-and-cbdcs/
Malaysia’s single window initiative boosts startup ecosystem and digital identity
Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim unveiled the government plan for the implementation of a comprehensive single-window initiative. This strategic effort is meticulously designed to optimise operations and enhance collaborative synergy among various agencies operating within the startup ecosystem. The overarching objective is to foster a more streamlined environment that encourages seamless coordination. An ambitious target of establishing 5,000 startup companies by the year 2025 has been set. Currently, the startup ecosystem involves a network of at least 14 agencies, encompassing diverse facets ranging from funding and product innovation to marketing and specialised knowledge.
Read the original article here: https://thethaiger.com/world/news/1520/
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