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Singapore-sponsored 8i enters into share exchange agreement with Diginex

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Genevieve Cua

Genevieve Cua

Published Wed, Jul 10, 2019 · 09:50 PM

    Singapore

    8i Enterprises Acquisition Corp, the first Singapore-sponsored "blank cheque" company listed on Nasdaq, has entered into a share exchange agreement with a Hong Kong-based global blockchain financial services and technology company, Diginex Ltd.

    Upon completion of the transaction, Diginex is expected to have an initial enterprise value of about US$276 million.

    Blockchain

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