Malaysian Investment Firm Makes $150 Mln Push Into Blockchain Tech

Malaysia-based investment holding company HWGC Holdings on Friday said it plans to acquire two financial technology companies to expand its push into blockchain technology. HWGC signed a memorandum of understanding (MOU) with Malaysia-based fintech firm HWGG Capital and UK-based Scion. The firm seeks to improve its fintech solutions with the acquisition of the two companies.

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