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AMTD Digital to take majority stake in CapBridge Financial
CapBridge will be included in the AMTD SpiderNet.
Investment banking firm AMTD Digital will acquire a majority stake in CapBridge Financial that will see the expansion of the platform with Singapore as a key operations and growing hub, according to a news release.
Under the agreement, AMTD Digital will take the stake via a “fusion-in” programme that will include the latter as an ecosystem partner in the AMTD SpiderNet.
With AMTD’s support, CapBridge will bring together private capital markets expertise and financial technology, such as blockchain and robo-advisory, to further develop the global private markets and digital asset space from its Singapore headquarters.
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