[NEWS] Queenbee Company’s investment in CAPBRIDGE is ‘a divine move’
CAPBRIDGE ,invested by Queenbee Company, brought large-scale stock swap off in the private sector after attracting government-owned company’s investment
Queenbee Company’s investment in CAPBRIDGE is ‘a divine move’
CAPBRIDGE ,invested by Queenbee Company, brought large-scale stock swap off in the private sector after attracting government-owned company’s investment.
CAPBRIDGE, a strategic partner which Queenbee Company invested to enter Singapore’s block chain-based digital asset trading market, recently succeeded in large-scale stock swap with AMTD Digital, a subsidiary of Asian investment bank AMTD International.
According to Queenbee Company on the 6th, MAS, a Singaporean financial authority, recently approved large-scale stock swaps between CAPBRIDGE and AMTD Digital.
CAPBRIDGE, which has digital asset expertise, and AMTD Digital, a subsidiary of Asia’s largest investment bank, signed a stock swap with the aim of connecting the private market of the AMTD group. In other words, it is a strategic partnership for the expansion of the global asset trading platform.
AMTD Digital is the digital financial technology company of the AMTD Group. The AMTD Group is the parent company of AMTD International and it is Asia’s largest investment banking group that is listed on the New York Stock swap, Hong Kong Stock swap and Singapore Stock swap. AMTD established Airstar Bank with Xiaomi in 2019, an investment company that owns bank licenses for one of eight Hong Kong government-authorized banks.
In addition to the stock swap, CAPBRIDGE also succeeded in attracting investment in Singapore-owned SGInnovate and Hong Kong-owned company Cyborport.
As a result, investment in CAPBRIDGE by Queenbee Company was a stroke of genius.
“As a shareholder of CAPBRIDGE, we welcome the large-scale exchange of stocks of CAPBRIDGE and AMTD Digital. Through this exchange, the digital asset trading market will grow further.” said an official of Queenbee Company.
“We will announce our business moves that have not been delivered due to external pharmaceutical environments such as Corona,” he added.
Queenbee Company, founded and invested by famous actor Bae Yong-joon, aims to enter the new financial market through strategic partnership with Singapore’s block chain-based digital asset trading platform, directly participate in the ecosystem of issuing security tokens, and secure leadership in the ecosystem of issuing security tokens in Korea and East Asia.