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Singapore’s GIC takes 8% stake in HK’s digital asset company BC Group

HKEX

HK Exchange Square. Image: SHUWK Mimoah, CC BY 4.0, via Wikimedia Commons

GIC, Singapore’s sovereign wealth fund, has taken a US$70 million stake in fintech and digital asset company BC Group — the parent company of Hong Kong’s first licensed cryptocurrency exchange OSL, according to an HKEX announcement today.

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