Hong Kong Digital Asset Exchange Limited(HKD.com) announces M+A with Technicorum Holdings, creating USD100million valuation company in Singapore

blockchain.news:

SINGAPORE & HONG KONG – JUNE 28, 2022 Hong Kong Digital Asset Exchange Limited (HKD.com), a leading digital asset exchange in Hong Kong, today announces that the company has entered a joint strategic partnership and merger and acquisition with Technicorum Holdings (www.technicorum.com), diving further into the $163 billion annual global blockchain market. The merger company, formerly known as Gravitas International Associates Pte Ltd, a Singapore regulated Payment Services Act exempt company, will be newly renamed as HKD.com (Singapore) Pte Ltd, which will allow both groups to leverage each other's strengths and networks to get more deeply entrenched in the blockchain industry. With regulated payment services globally, a leading centralised exchange app and platform, a regulated token launchpad, expertise from ICO’s to IEO’s, IDO’s, IGO’s, DeFi and NFT’s, as well as recently GameFi, SocialFi, and the Metaverse, this strategic partnership is a great enabler for both HKD.com as well as Technicorum.

Kelvin Yeung(on the right), CEO of HKD.com and Daniel Daboczy, CEO of Technicorum on the signing ceremony

Kelvin Yeung, CEO of Hong Kong Digital Asset Exchange Limited, and the incoming new CEO of HKD.com (Singapore) Pte Ltd said, «We strongly believe that regulatory compliance is a very important 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.»

Commenting on the strategic partnership with Hong Kong Digital Asset Exchange Ltd, Daniel Daboczy, CEO of Technicorum, said, «This merger leverages the unique strengths of