Malaysian investment bank acquires stake in licensed Bitcoin exchange

posted 9 months ago
Kenanga Investment Bank Berhad via its wholly-owned private equity arm, Kenanga Private Equity Sdn Bhd, entered into a conditional agreement to acquire 19.0% equity interest in Tokenize Technology (M) Sdn Bhd (Tokenize Malaysia).

Tokenize Xchange, it is one of the three licensed Digital Asset Exchanges by the Securities Commission of Malaysia, and is currently the second largest DAX in the country by traded market share.
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