$3M Sale of Crypto News Site to Singapore Investor a Sign of the Times

$3M Sale of Crypto News Site to Singapore Investor a Sign of the Times

Recent trends in the crypto space have seen increased investment interest in Southeast Asia. Chinese laws forbidding investment by Chinese nationals in mainland institutions have driven money offshore, infusing the area with speculative investments. This has led to a rise in crypto investments in the Asian market, including a recent announcement that crypto new sites Metaverse.sg will be acquired by Singapore-based V3V Ventures. The deal values the site at $3 million.
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