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Announced

8i Enterprises Acquisition to acquire Diginex.

Synopsis

8i Enterprises Acquisition, a special purpose acquisition company, today announced that it has agreed to acquire Diginex, a global blockchain financial services and technology company headquartered in Hong Kong. Financial terms were not disclosed. "The execution of the share exchange with Diginex comes as the need for increased regulation, transparency, and traceability around the growing use of digital assets has never been greater. After a thorough review of multiple opportunities in this industry, we have determined Diginex is the trusted operator of choice with the advanced technology infrastructure necessary to meet the standards of institutional investors and partners. With their thoughtful ecosystem approach, we believe Diginex is well-positioned to continue unlocking opportunities and driving institutional adoption of blockchain technologies." James Tan, 8i Eterprises Chairman and Chief Executive Officer.

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