Singapore’s GIC injects USD 70 million into Hong Kong-listed digital asset platform BC Group

Hong Kong-listed BC Group, the operator behind crypto trading platform OSL, said on Friday that it notched HKD 543 million (USD 70 million) from Singapore’s sovereign wealth fund GIC via a private placement. The firm will spend the fresh capital on the technology of its digital asset business, working capital, and other expenses, according to the filing. USD 13 million…
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