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China Merchants Bank Subsidiary Brings $3.8B Institutional Fund to BNB Chain
Yahoo Finance· 2025-10-15 12:18
CMB International (CMBIAM), a subsidiary of China Merchants Bank, has launched its $3.8 billion USD Money Market Fund on BNB Chain . The fund is now represented by the CMBMINT and CMBIMINT tokens, with the initiative supported by distribution partner DigiFT and technology services provider OnChain. The fund was ranked #1 among its Asia-Pacific peers by Bloomberg as of October 2025 and primarily invests in USD-denominated short-term deposits and high-quality money market instruments. Since its start in 2 ...
Vestand Appoints Andrew Yun to Board of Directors
Globenewswire· 2025-10-14 12:31
Accomplished Corporate Lawyer and Business Owner Brings Extensive Legal Expertise in Real Estate, M&A and Corporate GovernanceBREA, Calif., Oct. 14, 2025 (GLOBE NEWSWIRE) -- Vestand Inc. (NASDAQ: VSTD) (“Vestand,” or the “Company”), a global investment platform that integrates traditional real-world assets with next-generation crypto treasury strategies, today announced the appointment of Andrew Yun to the Company’s Board of Directors (the “Board”), effective immediately. Andrew Yun is a highly regarded att ...
Antalpha Subsidiary Purchases $134 Million in Tether Gold (XAU₮)
Globenewswire· 2025-10-14 12:00
Prestige Wealth Inc. (NASDAQ: AURE) Plans to be Renamed Aurelion Inc., Subject to Customary ApprovalsAurelion Treasury is the First NASDAQ-listed Tether Gold Treasury SINGAPORE, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Antalpha Platform Holding Company (NASDAQ: ANTA) ("Antalpha"), a leading institutional digital asset financing platform, today announced that its subsidiary, Prestige Wealth Inc., (“Aurelion”) has completed the purchase of $134 million in Tether Gold (XAU₮) at $4,021.81 per XAU₮. Aurelion, NASDAQ’s ...
China Financial Leasing to Raise $11M for Crypto and AI Investment Platform
Yahoo Finance· 2025-10-06 14:34
China Financial Leasing Group is set to raise HK$86.7 million ($11.1 million) through a strategic share placement aimed at launching a digital asset investment platform focused on cryptocurrency and artificial intelligence. Key Takeaways: China Financial Leasing Group will raise $11.1 million through a share placement to fund a new Crypto-AI investment platform. The platform will target a wide range of digital asset sectors including DeFi, RWA, stablecoins, and DePIN. The move aligns with Hong Kong’s ...