Metalpha, a digital asset manager, has released its latest unaudited financial results report, in which it disclosed total revenue of $19,720,654 for the six months ended September 30, 2024, a nearly four-fold increase compared to $5,085,150 for the same period in fiscal 2024, in addition to the fact that its board of directors has approved a share repurchase program of up to $5 million, which will be conducted over the next 36 months.
Zodia, a crypto custody company under Standard Chartered, has established a strategic partnership with Wah Win Holdings, a virtual asset solutions financial services company, which will provide customers with bank-grade and regulatory-compliant custody services. Zodia Custody provides Wah Win with solutions including wallet management and asset protection to support the development of Hong Kong's digital asset ecosystem.
Global digital asset custodian company BitGo announced that its South Korean subsidiary BitGo Korea has introduced Hana Financial Group and South Korean telecom company SK Telecom as strategic investors. Hana Financial and SK Telecom have acquired a 25% and 10% stake in BitGo Korea, respectively. BitGo currently has about $70 billion in assets under custody and about $3 trillion in cumulative assets processed. BitGo Korea is applying for ISMS certification and VASP qualification. Hana Financial ...
According to DigitalAsset, the CEO of South Korean virtual asset hosting company Haru Invest (referred to as "Haru") was attacked with a murder weapon in court. The incident took place at around 14:20 local time on August 28, at the scene of the 8th public trial of the 15th Criminal Division (Minister Judge Liang Huansheng) of the South Seoul District Court. According to reports, a male perpetrator in his 40s suddenly got up in the courtroom gallery and stabbed Haru CEO in the neck with a short ...
Copper, a cryptocurrency custodian company, has been granted a trust or company service provider (TCSP) license in Hong Kong, a legal authorization granted by the Hong Kong Companies Registry to provide trust and company services to institutions in the region. Dmitry Tokarev, founder and CEO of Copper, said the Hong Kong license is a key development for Copper's expansion in the Asia-Pacific market.