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Pando received tens of millions of Hong Kong dollars in strategic equity investment led by Antalpha
13 Aug 2024

[August 13, 2024, Hong Kong] – Pando Finance (hereafter referred to as “the Company”) announced that it has secured a new round of strategic equity investment worth tens of millions of Hong Kong dollars from Antalpha, a globally leading BTC ecosystem service provider. Antalpha, a strategic partner of Bitmain, was founded in 2021 and is headquartered in Singapore. Trusted by institutions, startup teams, and qualified investors, Antalpha is dedicated to advancing blockchain technology and application innovation, positioning itself as one of the world's leading BTC ecosystem service providers.

 

Pando Finance noted that this investment and strategic partnership with Antalpha marks an important milestone in the Company’s efforts to develop the Web3 ecosystem in Hong Kong. The Company plans to invest in key growth areas such as in-depth industry data research, product innovation, market expansion, talent acquisition, and technological advancements. This will enable Pando to rapidly capitalize on the opportunities in the digital asset space and accelerate its global expansion.

 

Antalpha’s flagship platform, Antalpha Prime, is designed specifically for institutional clients and provides financing services within the BTC ecosystem. It offers a monitored, auditable, and traceable service platform governed by standardized rules, enabling customized solutions for mining enterprises, digital asset holders, institutional investors, and more, bridging the gap between digital assets and traditional capital. Other members of the Antalpha ecosystem include Antalpha Labs, a blockchain developer community; Antalpha Ventures, which focuses on early-stage blockchain investments; and various digital payment solution providers.

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