Thu. Sep 29th, 2022


HKD.com And Technicorum Holdings Confirm M&A To Create $100 Million Valuation Company In Singapore

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SINGAPORE – JULY 4, 2022 – Hong Kong Digital Asset Exchange Limited (HKD.com), a prominent digital asset exchange in Hong Kong, has signed a combined strategic collaboration and merger and acquisition with Technicorum Holdings (www.technicorum.com), expanding its presence in the $163 billion worldwide blockchain industry annually.

As a result of the merger, the firm previously known as Gravitas International Associates Pte Ltd, a Singapore regulated Payment Services Act exempt company, will be rebranded as HKD.com (Singapore) Pte Ltd. This will enable the two parties to better use one another’s capabilities and networks to further establish themselves in the blockchain market. This strategic alliance is a great enabling factor for both HKD.com and Technicorum as they both provide worldwide regulated payment services, a top centralized exchange app and platform, a regulated token launchpad, expertise from ICOs to IEOs, IDOs, IGOs, DeFi, and NFTs, as well as GameFi, SocialFi, and the Metaverse.

Kelvin Yeung, CEO of Hong Kong Digital Asset Exchange Limited, and the incoming new CEO of HKD.com (Singapore) Pte Ltd stated, “We strongly believe that regulatory compliance is a crucial step for the exponential growth of the blockchain and digital assets industries, and HKD.com (Singapore) Pte Ltd is well equipped to provide holistic enterprise-level regulated platforms, apps and a suite of services and products to the international markets.”

Daniel Daboczy, the CEO of Technicorum, in response to a question about the company’s strategic partnership with Hong Kong Digital Asset Exchange Ltd, stated, “This merger leverages the unique strengths of Technicorum Holdings and Hong Kong Digital Asset Exchange Limited HKD.com. By combining our respective resources, areas of expertise, and the geographic locations served by both groups, the newly constituted HKD.com (Singapore) Pte Ltd is poised to claim an increasing stake in the rapidly growing global blockchain and digital assets industries.”

Hong Kong Digital Asset Exchange Limited (HKD.com) and Technicorum Holdings have formed a strategic commercial collaboration that enables both companies to complement each other’s strengths and technological skills. The collaboration intends to improve current difficulties while also creating new possibilities in the rapidly growing blockchain and digital assets sectors. This collaboration will accelerate both companies’ revenue development while improving their positions as premier digital asset suppliers and thought leaders in the NFT, decentralized finance, and cryptocurrency markets. The parties have formed a Singaporean company with a company valuation of USD 100 million.

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ABOUT HONG KONG DIGITAL ASSET EXCHANGE LIMITED (HKD.COM)

Digital Asset Exchange (HKD.com) is a premier digital asset trading platform with a Hong Kong basis and global reach. HKD.com is dedicated to making digital money a reality and making it widely accepted. It has established a digital currency trading entity shop with a floor space of about 10,000 square feet in a key commercial district of Hong Kong in addition to the safe online digital currency trading platform, making it one of the biggest digital asset exchanges in the city at the moment.

With licenses in Hong Kong (TCSP License and Money Lenders License for its subsidiary), the USA (MSB license in all states), Canada (MSB license), Australia (Austrac license), Estonia (Digital Assets company), the UAE – DMCC, and the UK (Austrac license), Hong Kong Digital Asset Exchange (HKD.com) is part of a group of businesses that are regulated (licensed company).

ABOUT TECHNICORUM

Technicorum Holdings is a Singapore-based worldwide investment and compliance firm. The Technicorum Group’s companies provide a full set of solution capabilities, including the launch and incubation of initiatives in the digital asset arena. Technicorum Holdings is in charge of ensuring that its portfolio firms and other customers get the necessary services, programs, and communications to ensure regulatory compliance. Subsidiaries and divisions of Technicorum provide companies with action plans and assistance in meeting the requirements of regulatory authorities in a wide range of countries.

Technicorum Holdings includes several specialized companies in the areas of digital assets, DeFi, GameFi, SocialFi, the Metaverse, and more; some of these businesses are regulated. Throughout the previous five years, its fully owned companies have completed over a hundred  ICOs/IEOs/IDOs/IGOs/STOs.

For more information, please visit: www.technicorum.com 

Media contact: pr@technicorum.com

Press Contact

Company Name: Technicorum Holdings

Contact Person: Vytautas Visinskis

Email: vytautas@technicorum.com 

Country: Singapore

Website: https://www.technicorum.com/



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