Announced
Financials
Sources
Tags
Domestic
Minority
cryptocurrencies
Pending
Payments / Commerce
Friendly
Acquisition
Private
Malaysia
Single Bidder
Synopsis
Kenanga, a Malaysian financial services company, agreed to acquire 19% stake in Tokenize, a cryptocurrency exchange operator. Financial terms were not disclosed. Kenanga Investment group managing director Datuk Chay Wai Leong said in the statement the group has been building a digital ecosystem to offer its customers a wide spectrum of financial products and services, including digital assets.
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