Michael Wong

Asia’s Fund Platform Gordian Capital Expands to Dubai

Gordian Capital, Asia’s oldest and largest institutional fund platform with $17 billion in assets under management, plans to expand into Dubai, subject to regulatory approval from the Dubai Financial Services Authority. The Singapore-based firm intends to offer fund platform services in the Dubai International Financial… Read More

Leonardo to Acquire Sweden’s Axiomatics to Strengthen Zero-Trust Cybersecurity Portfolio

Italian defence and aerospace group Leonardo said on Wednesday it had agreed to buy Sweden-based cybersecurity firm Axiomatics AB, bolstering its “zero trust” product line as Europe races to secure critical networks. The acquisition adds a key capability to Leonardo’s Global Cybersecurity Platform by enhancing… Read More

Data Center Operator Princeton Digital Secures $1.3 Billion Investment from Stonepeak

Princeton Digital Group (PDG), a major Asia Pacific data center operator headquartered in Singapore, said it had signed a definitive agreement for a $1.3 billion preferred equity investment from alternative investment firm Stonepeak to support its regional expansion plans. The investment follows PDG’s $1.2 billion… Read More

HKMA Warns Public Over Fake Regulatory Documents

The Hong Kong Monetary Authority (HKMA) has issued a public warning after receiving multiple enquiries about fraudulent documents falsely claiming to be issued by the city’s banking regulator. The incident underscores growing concerns over financial scams targeting investors by impersonating official agencies. In a statement,… Read More

BDx, Anyon Roll out SE Asia’s First Hybrid Quantum AI Testbed in Singapore

BDx Data Centers, a China-based carrier-neutral operator, has partnered with Singapore’s Anyon Technologies to install Southeast Asia’s first hybrid quantum artificial-intelligence testbed at BDx’s SIN1 facility in Paya Lebar, Singapore, according to an announcement. The companies signed a memorandum of understanding to formalise the collaboration,… Read More

Hong Kong Targets Banking Rules to Implement Basel Cryptoasset Standards

Hong Kong is targeting new banking rules aimed at aligning its regulatory framework with international standards on cryptoasset exposures, as part of efforts to manage financial risks while supporting innovation in the banking sector. The Banking (Capital) (Amendment) Rules 2025, the Banking (Disclosure) (Amendment) Rules 2025… Read More

Singapore, China Expand Green Finance Cooperation at 3rd GFTF Meeting

The Monetary Authority of Singapore (MAS) and the People’s Bank of China (PBC) have agreed to deepen cooperation in green and transition finance following the third Singapore-China Green Finance Taskforce (GFTF) meeting, held in Singapore. The meeting, convened for the first time in the city… Read More

Hong Kong Unveils Anti-Scam Charter 3.0 to Tackle Rising Digital Fraud

Hong Kong’s four financial regulators have teamed up with technology and telecommunications firms to launch the Anti-Scam Consumer Protection Charter 3.0, expanding a year-old initiative that targets a surge in digital fraud against the city’s seven million residents. The Hong Kong Monetary Authority, Securities and… Read More

UK Fintech Revolut Sets Up Manila Tech Hub, Eyes SE Asia Expansion

Fintech firm Revolut is establishing a technology hub in the Philippine capital, Manila, as part of a plan to expand global capabilities and accelerate product innovation, the company said on Wednesday. The Manila site will operate as a Global Capability Center that supports engineering, financial-crime prevention… Read More

Schroders Launches Global Digital Assets Centre of Excellence in Singapore

Schroders has established a Global Digital Assets Centre of Excellence in Singapore, in a bid to strengthen its push into digital innovation and as a deeper commitment to the evolving landscape of tokenised finance, according to a company announcement. The new centre, led by Marita… Read More

Danantara Indonesia Partners JBIC to Unlock Investment in Renewable Energy, Infrastructure

Danantara Indonesia said it has signed a memorandum of understanding with the Japan Bank for International Cooperation (JBIC) to develop and finance projects that support Indonesia’s shift toward a green and digitally connected economy. Under the agreement, Danantara Indonesia and JBIC will jointly identify and… Read More

DDC Ties Up with Animoca Brands to Manage $100M in Bitcoin Assets

DDC Enterprise Limited has entered into a non-binding memorandum of understanding with Animoca Brands to jointly develop and implement strategies aimed at maximizing yield from Animoca’s Bitcoin holdings while managing associated risks, according to an announcement. Under the partnership, Animoca Brands, the Hong Kong-headquartered gaming… Read More

EU Regulator Warns Crypto Firms Not to Mislead on MiCA-Regulated Products

The European Securities and Markets Authority (ESMA) on Friday issued a warning to crypto-asset service providers (CASPs) across the European Union, cautioning them against misleading customers about which of their products fall under the bloc’s newly implemented crypto regulations. ESMA said some crypto firms have… Read More

Australia’s Project Acacia Advances to Pilot Phase with 24 Digital Asset Use Cases

Australian financial authorities have moved forward with Project Acacia, unveiling the private-sector participants and next steps in an initiative aimed at exploring the use of digital money and tokenised assets in wholesale financial markets. The project, jointly led by the Reserve Bank of Australia (RBA)… Read More

Singapore Fintech Face API Access Hurdles: Report

Singapore’s efforts to position itself as a regional hub for Fintech face a critical stumbling block, as most Fintech firms say they cannot obtain the bank data needed to build services for small businesses, a new industry report has shown. Fintech Nation, a public-benefit corporation… Read More

Pakistan Approves Creation of Virtual Assets Regulatory Authority

Pakistan’s cabinet has cleared the creation of the Pakistan Virtual Assets Regulatory Authority (PVARA), setting the stage for a formal licensing and supervisory regime for digital-asset businesses in a country that already ranks among the world’s busiest crypto markets. A cabinet communiqué said PVARA will… Read More

SEALSQ Powers Quantum Leap in Cybersecurity With $35M Fund

SEALSQ Corp, a global player in quantum-resilient cybersecurity technologies, said on Monday it has expanded its Quantum Investment Fund to more than $35 million from the original $20 million to accelerate the integration of post-quantum cryptography, satellite communication, edge security, and digital identity into a… Read More

EU Greenlights 53 Crypto Firms Under MiCA Regime in First Six Months

The European Union has authorized 53 crypto-related firms to operate under its landmark Markets in Crypto-Assets (MiCA) regulation, six months after the framework came into full effect. The approvals mark a major milestone in the bloc’s effort to establish a single, harmonized rulebook for digital… Read More

SEA Fintech Funding Rebounds to $776M in H1 2025; Singapore Accounts for 88%

Singapore at Night Marina Bay

Southeast Asia’s financial technology (Fintech) sector raised $776 million in the first half of 2025, up 31% from the $593 million recorded in the second half of 2024, according to Tracxn’s SEA FinTech Semi Annual Funding Report. While overall funding fell 22% compared to $1… Read More

Saudi Fintech Tarmeez Gets Backing from stc Amid Rapid Growth in Digital Sukuk

Tali Ventures, the corporate venture capital arm of stc group, has led a strategic investment in Tarmeez Capital, marking the fintech’s first external funding after growing for four years without outside capital, the companies said on Monday. Tarmeez Capital, licensed by Saudi Arabia’s Capital Market… Read More

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