A percentage of the shares of the regulated platform from Singapore now belong to Velinebit.
Velinebit, which recently faced obstacles from the regulators of Singapore, is again trying to gain a foothold in the market. The company acquired a percentage of the shares of a Singapore company.
Crypto and traditional financial offerings continue to converge. Through these investments, we aim to work with them to expand the offerings of products and services supported by blockchain technology. In Singapore, we continue to work closely with key government agencies to support the growth of the Blockchain ecosystem and the proper development of local talent.