Leather goods manufacturer China International Development Corporation (CIDC) has invested HK$100 million (US$13.9 million) to acquire a 20 per cent stake in Hong Kong-based asset tokenisation start-up NVT, signalling growing enthusiasm for digital assets in the city. The partnership would allow CIDC to use NVT’s tokenisation infrastructure, positioning itself as a “global first mover” in…
Bitcoin (BTC-USD) held firm above $113,600 (£84,424) as traders looked ahead to Federal Reserve chair Jerome Powell’s address at the Jackson Hole Economic Symposium on Friday, an event that could set the tone for markets heading into the autumn. The world’s largest cryptocurrency by market capitalisation rose around 1% on Thursday, rebounding from a two-day…
Alpha Edge Media, a subsidiary of Aether Holdings (NASDAQ: ATHR), will host the Alpha Edge Summit Hong Kong 2025 on August 27, 2025, during Bitcoin Asia Week. The exclusive, invitation-only event will be held at Cloud 39, The Henderson building in Hong Kong. The Summit, themed “Where…
Cryptocurrency exchange operator Bullish (BLSH) is set to go public on Wednesday at a valuation north of $5 billion as the IPO market looks set to continue a strong summer. The company, which operates a crypto exchange and owns the prominent trade publication CoinDesk, said Tuesday that it had priced its IPO at $37 per…
Eric Trump, the second-born son of US President Donald Trump, will attend next month’s Bitcoin Asia 2025 conference in Hong Kong as a headline speaker, as the city strives to position itself as a leading hub for digital assets, competing with the US. Trump would discuss bitcoin’s “long-term potential” and its impact on global finance,…
CMB International Securities (CMBI), the brokerage arm of China Merchants Bank, said it received a virtual asset licence from Hong Kong’s Securities and Futures Commission, making it the first mainland broker to conduct cryptocurrency trading services and other activities in the city. The licence, issued on Monday, allowed CMBI to engage in a variety of…
Bitcoin’s (BTC-USD) price headed to fresh heights against the US dollar on Monday as the US looks ahead to a potentially big week of legislative change for the crypto industry with key votes on the agenda. Bitcoin was changing hands above the $122,000 mark on Monday morning, up 3.3%, having hit all-time highs earlier. Year-on-year…
Eric Trump, the second-born son of US President Donald Trump, will attend next month’s Bitcoin Asia 2025 conference in Hong Kong as a headline speaker, as the city strives to position itself as a leading hub for digital assets, competing with the US. Trump would discuss bitcoin’s “long-term potential” and its impact on global finance,…
Issuing a stablecoin pegged to the offshore yuan in Hong Kong may be more feasible than in mainland China due to the latter’s capital controls, a central bank adviser has said. The comments from Huang Yiping, also dean of Peking University’s National School of Development, came as worries arise in Beijing’s policy circles that Washington…
When BlackRock’s chairman Larry Fink declared in his annual letter that “every stock, every bond, every fund – every asset – can be tokenised”, he wasn’t forecasting some distant revolution. He was describing a shift already under way – one that is beginning to reshape how capital is formed, how assets are distributed and who…