Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Sunday, 22 September 2019, 22:00 HKT/SGT
Share:
    

Source: Madison Holdings Group Limited
Madison Group's CVP Capital Facilitates JPY1.3 billion Capital Increase for Bit One

HONG KONG, Sept 22, 2019 - (ACN Newswire) - Madison Holdings Group Limited ("Madison"; HKG: 8057) is pleased to announce that the Group's subsidiary, CVP Capital Limited, has successfully introduced Ms. Liu Yang, a renowned investor in Asia and the Chairperson of Atlantis Investment Management Ltd. ("Atlantis Investment", formerly known as Atlantis Investment Management (Hong Kong) Ltd.), as one of the major shareholders of Bit One Group Co., Ltd. ("Bit One", TSE: 2338).

Bit One is principally engaged in digital currency transactions, blockchain, digital application development, digital currency consultancy, and other businesses related to digital currency. The fundraising exercise not only successfully introduced a high-quality overseas investor to Bit One, but also facilitated a JPY1.3 billion capital increase of Bit One.

The proceeds will be mainly allocated to:
1) Supporting the daily operations of Bit One;
2) The acquisition of an integrated platform of digital assets management and social media, and to support its blockchain marketing businesses; and
3) The setting up of a Hong Kong office for Bit One.

Bit One currently operates an integrated digital assets management and social media platform through its Hong Kong subsidiary with over 500,000 registered users worldwide. Looking forward, Bit One will expand its business in China and actively seek global expansion through this platform. Meanwhile, Atlantis Investment Management has formally entered the blockchain industry in Japan through this acquisition and will continue to look for quality projects within the industry.

CVP Capital is a corporation licensed by the SFC, licensed to conduct Type 1 (dealing in securities), Type 4 (advising on securities) and Type 6 (advising on corporate finance) regulated activities under the SFO. Its principal businesses include private and public securities placement, pre-IPO advisory, mergers and acquisitions advisory, corporate restructuring and other business advisory services.

About Madison Holdings Group Limited
Madison Holdings Group Limited (8057.HK), is principally engaged in (i) the provision of fintech services including cryptocurrency exchange and mining in Asia and Europe; (ii) the provision of a wide range of financial services including corporate financial advisory services and asset management services; and (iii) the retail sales and wholesales of wine products and other alcoholic beverages. The Company was listed on the GEM board of HKSE in October 2015. In 2017, the Group diversified and expanded its scope of business into financial services in Hong Kong following the acquisition of CVP Capital Limited and CVP Asset Management Limited. The two companies are corporations licensed by the SFC to operate Type 1 (dealing in securities), 4 (advising on securities), 6 (corporate finance) and 9 (asset management) regulated activities. Madison more recently expanded into the fintech sector through the acquisition of BitOcean (a fully licensed Japanese cryptocurrency exchange), Diginex HPC (a leading high-performance computing company) and through the formation of a joint venture with Oxford Blockhouse (a blockchain technology developer associated with Oxford University). With its strong team of professionals and diversified businesses, Madison holds a leading position in both financial markets and the fintech industry in Hong Kong. Visit Madison's website: https://www.madison-group.com.hk.

For media enquiries, please contact Hill+Knowlton Strategies Asia:
Joanne Lam
Tel: +852 2894 6211
Chelsy Chan
Tel: +852 2894 6296
E-mail: [email protected]

For investor relations matters, please contact Madison's Investor Relations Office:
Hugo Wong
Tel: +852 2200 9126
E-mail: [email protected]
Ross Dunwoody
Tel: +852 2200 9138
E-mail: [email protected]

Visit Madison's website: https://www.madison-group.com.hk



Sept 22, 2019 22:00 HKT/SGT
Topic: Investment
Sectors: FinTech/Chains
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2020 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.



Latest Press Releases
China New City (1321.HK) and Maggie & Rose Champion Quality Family Time  
Jan 22, 2020 21:19 HKT/SGT
Suprema unveils its Latest Facial Recognition Solution at INTERSEC 2020  
Jan 22, 2020 16:00 HKT/SGT
DOCOMO to Partner with AI-powered Enterprise Meeting Note Provider Otter.ai in Japan  
Jan 22, 2020 11:21 HKT/SGT
DOCOMO to Pursue Collaboration with Skydio, U.S. Manufacturer of Autonomous Drones Capable of Flying without GPS Guidance  
Jan 22, 2020 11:00 HKT/SGT
SHIFT RED next gen Drone System creates New Style in U.S marketplace  
Jan 22, 2020 05:00 HKT/SGT
Mitsubishi Motors concludes a disaster cooperation agreement for the first time in Tokyo with Minato City  
Jan 21, 2020 19:04 HKT/SGT
HKTDC Education & Careers Expo opens early February  
Jan 21, 2020 19:00 HKT/SGT
Invest Hong Kong assists record number of Overseas and Mainland Companies setting up or expanding in Hong Kong  
Jan 21, 2020 15:30 HKT/SGT
Invest Hong Kong of the Hong Kong Special Administrative Region Government assists record number of overseas and Mainland companies setting up or expanding in Hong Kong  
Jan 21, 2020 15:30 HKT/SGT
DOCOMO and DOCOMO ASIA to Provide IoT Solution for YANMAR's SMARTASSIST System in India  
Jan 21, 2020 15:13 HKT/SGT
More Press release >>
 Events:
More >>
 News Alerts
Copyright © 2020 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 400 879 3881 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6859 8575

Connect With us: