Fidelity International Increases Stake In A Hong Kong Cryptocurrency Exchange Operator


Source: bitcoinethereumnews.com bitcoinethereumnews.com

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Bitcoin Ethereum News Less than a year after acquiring a substantial portion in the Hong Kong-based crypto-focused firm BC Technology Group, Fidelity International has upped its stake. The investment subsidiary of the Boston-based mutual fund giant has allocated nearly $7 million more for a total stake of 6.29%. Fidelity Doubles-Down On Investing In A Crypto Firm Bloomberg reported in February last year that Fidelity International had acquired a $14.2 million stake in BC Technology Group Ltd. – the operator of one of Asia’s largest digital asset platforms for professional investors, OSL. At the time, Fidelity purchased 17 million shares for...