PANews February 27 News, according to NEWSPIM, Focus AI announced the completion of the remaining payment for the acquisition of Busan Digital Asset Exchange. Focus AI ultimately acquired a 40.61% stake, officially becoming its largest shareholder and gaining operational control. Busan Digital Asset Exchange is South Korea’s first RWA tokenized exchange, currently supporting 23-hour digital trading of physical assets such as gold, silver, and platinum. The KDX alliance involved recently received the first preliminary license for OTC securities brokerage business for STOs issued by the Korea Financial Services Commission (FSC). Focus AI plans to combine AI, payments, stablecoins, and electronic wallet technology through this acquisition to build the infrastructure for a Web3 payment platform and promote the development of RWA and STO businesses.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Chainlink Expands Ecosystem with 16 Integrations Across Six Services and Five Blockchains
Chainlink has expanded to 16 additional integrations this week, covering six services across five blockchains, including Arc, Canton Network, and World Chain.
Technical indicators suggest LINK still needs to clear major resistance before a stronger rally can begin.
Chainlink expanded its
CryptoNewsFlash2m ago
OpenClaw has designated Venice AI as a recommended model provider, and the VVV token has increased by over 70% in the past 7 days.
PANews March 2 News, Venice AI founder Erik Voorhees announced that OpenClaw documentation shows Venice has been designated as a recommended model provider, with the default being venice/llama-3.3-70b, and "best overall" venice/claude-opus-45. Market data indicates that Venice
GateNews4m ago
Bitcoin ATM operator Bitcoin Depot acquires social prediction platform Kutt
ChainCatcher News reports that Nasdaq-listed Bitcoin ATM operator Bitcoin Depot has acquired peer-to-peer social prediction platform Kutt. This move will expand the company's product line from Bitcoin ATMs into the rapidly growing consumer fintech sector.
After the acquisition, Kutt will retain its brand and leadership position and will continue to operate in most states across the United States.
GateNews46m ago
SoFi Becomes First Chartered Bank to Support Direct Solana Deposits
SoFi has become the first chartered US bank to support deposits on the Solana network.
The integration allows over 13 million customers to send SOL directly to their SoFi crypto accounts from external wallets.
SoFi, a chartered and FDIC-insured US digital bank serving 13.7 million clients, h
CryptoNewsFlash1h ago
Gate Ventures strategically invests in Sats Terminal to promote the development of Bitcoin-native financial infrastructure
PANews March 2 News, according to Gate Ventures' announcement, the venture capital arm of Gate.com, Gate Ventures, announced a strategic investment in the Bitcoin-native financial platform Sats Terminal. The platform focuses on providing self-custodied trading, lending, and yield services for BTC holders, aiming to integrate the scattered Bitcoin DeFi infrastructure into a more user-friendly unified portal, reducing the barriers for retail and institutional users.
GateNews1h ago
Coincheck announces the completion of approximately 99.8% equity acquisition of Canadian digital asset management company 3iQ
Coincheck Group N.V. announces the completion of the acquisition of approximately 99.8% of 3iQ Corp., further strengthening its global expansion in institutional clients, ETFs, and staking services. 3iQ is known for its compliant digital asset funds, and the acquisition will promote synergistic development with its existing subsidiaries.
GateNews2h ago
