9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
Ant Group, a fintech subsidiary of Alibaba Group Holding, and Malaysia’s largest Kenanga Investment Bank Berhad have agreed to develop the country’s first app focused on wealth management.
Ant Group, a fintech subsidiary of Alibaba Group Holding, and Malaysia’s largest Kenanga Investment Bank Berhad have agreed to develop the country’s first app focused on wealth management.
The super app will include investments in stocks, cryptocurrencies and digital asset products. Kenanga will use the partner’s mobile development platform.
Prior to that, the investment bank launched a robo-advisor that raised $55 million in client funds in six months.
Ant Group developed Alipay, one of the largest payment systems in China.
Recall that in 2019 Malaysia passed a law on cryptocurrencies and digital tokens. At the same time SC registered the top three digital asset exchanges.
March 2022 K-KOMM urged country authorities to develop a legal framework for the legal circulation of bitcoin and other cryptocurrencies.
A month ago, Kenanga Investment Bank Berhad bought a 19% stake in local cryptocurrency exchange Tokenize Xchange.
Read ForkLog bitcoin news in our Telegram – cryptocurrency news, courses and analysis.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
