[NEWS] Queenbee x Capbridge 2
[Exclusive] Queenbee Company, which Bae Yong-Jun Invests in, announces equity investment in Capbridge Group, Singapore investment platform.
Hanwha Investment & Securities also announces investment for a stake in Capbridge Group.
Queenbee Company, blockchain management consulting enterprise which Bae Yong-Joon known as ‘Yon-sama’ participated in the establishment by investment, announced that it also invested in a part of share of Capbridge Holdings PTE, LTD., Singapore investment platform company.
Bae Yong-Joon, SM Entertainment CSO, who had run Keyest for 12 years, turned its share to SM in March 2018. In return, he received new stocks and cash worth 35 billion won (91,9238 shares) from SM. Bae Yong-joon, who invested 9 billion won in 2006 and found the entertainment business, invested about 25 billion won over 12 years and generated about 35 billion won.
Capbridge Group, based in Singapore, has subsidiaries ‘Capbridge’ and ‘1X (1Exchange)’. Founded in 2015, Capbridge is a platform company that raises new funds for private companies around the world, and ‘1X (1Exchange)’ is a private stock exchange that has acquired approval from the Monetary Authority of Singapore (MAS) to operate as a Recognized Market Operator (RMO) in Singapore.
Hanwha Investment & Securities has also acquired stake of Capbridge Group stake (about 5 billion won). Capbridge Group has formed a strategic partnership with Hana Financial Investment as well.
Queenbee Company, a management enterprise consulting related to blockchain technology, runs its business by providing service development, finance, marketing, and specialized service regarding digital assets. Its foundation has been contributed by Bae Yong-joon, SM Entertainment CSO, Kim Ki-young, Professor of Visual Design, Sookmyung Women’s University, Um Joo-ho, President of Pewtech Technica and Inups, Sung-jun Lee, President of Three Points Partners, and Chung Dae-keun, CEO of NBREDS.
Lee Kang-hyuk, CEO of Queenbee Company, emphasized that, “By investing in the equity of the Capbridge Group, we will actively utilize the infrastructure of Capbridge Group to enhance comprehensive consulting competence in digital assets.”