BINANCE AND CUSCAPI BERHAD TO TAKE STRATEGIC STAKES IN MX GLOBAL
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Tuesday, March 1, 2022
Bitcoin, Ethereum, Compliance, SC, DTS, CZ, Growth, International Organization of Securities Commissions, Investment, Telecommunication, Education, Awareness, Information technology, Industry, Blockchain, Motherboard, Freedom, Dato, Risk management, Securities commission, Private company limited by shares, RCPS, BHD, Ecosystem, Stock exchange, Solution, Research, CEO, Cryptocurrency, Sales, Binance
PETALING JAYA, Malaysia, March 1, 2022 /PRNewswire/ -- MX Global Sdn. Bhd. (MX Global) today announced an equity investment into the company from Binance, the world's largest cryptocurrency and blockchain ecosystem. In addition, MX Global also landed another investment for Redeemable Convertible Preference Shares (RCPS) into the company by Cuscapi Berhad, a pioneer digital business solutions provider in Malaysia.
Key Points:
- (MX Global) today announced an equity investment into the company from Binance, the world's largest cryptocurrency and blockchain ecosystem.
- In addition, MX Global also landed another investment for Redeemable Convertible Preference Shares (RCPS) into the company by Cuscapi Berhad, a pioneer digital business solutions provider in Malaysia.
- The investments from two major players, Binance and Cuscapi Berhad, will allow MX Global to venture into a much bigger clientele pool.
- MX Global envisions the MX Global trading platform to be the preferred liquidity platform for cryptocurrency investors and token issuers in Malaysia.