M
SEHK: 0863
变化
现价
成交额
HKD3.30
+0.18 (+5.77%)
3.30
3.30
3.30
500
EQS TodayIR | 更新时间: 2022年08月08日 10:09 am
SEHK: 0863
变化
HKD3.30
+0.18 (+5.77%)
EQS TodayIR | 更新时间: 2022年08月08日 10:09 am

Fidelity buys BC stake but SFC license is the prize

Why has Fidelity taken a stake in BC Group, the crypto holding company behind trading platform OSL?

Fidelity International, the London-based ex-North America arm of the Fidelity financial empire, has acquired a HK$1105 million ($14.2 million) stake in BC Technology Group.

The stake was taken during a January share placement by BC Group, which is listed on the Hong Kong Stock Exchange. Fidelity accounted for nearly half of a total of $36 million raised by BC. In the process, Fidelity ended up with a 5.6% stake in the company, buying 17 million shares at HK$6.5 per share.

Bloomberg broke the news on Friday, February 21.

Check out the link below for the full content: https://www.digfingroup.com/fidelity-osl/