Kowloon, Hong Kong S.A.R., 27th Oct 2023, King NewsWire – In a landmark collaboration that promises to redefine Asia’s fintech landscape, RXT Digital Limited Hongkong and ASA Securities have formalized an agreement for a project bond valued at an impressive $500,000,000 USD. This monumental bond agreement was ceremoniously signed at the ASA Securities Office.
The bond, underpinned by the Malaysia Property Project – Bitcoin land, is more than a financial endeavor; it’s a vision of the future. The funds are earmarked for an audacious infrastructure project that aims to transform the scenic Malaysian waterfront into “Bitcoin land.” This initiative envisions a sprawling hub, complete with state-of-the-art facilities, dedicated workspaces for fintech startups, an innovation center for blockchain research, and a mission to become the Web3 hub of Asia.
“Bitcoin land is not just a real estate project; it’s a commitment to the future of decentralized finance and technology,” remarked a spokesperson from RXT Digital Limited Hongkong. “We’re envisioning a space where technology enthusiasts, startups, and established financial entities converge to redefine the future of finance and lay the foundation for Asia’s Web3 revolution.”
Prospective investors can anticipate a bond duration of 5 years, offering a competitive yield of 16.28% P.A., with annual interest disbursements ensuring consistent and attractive returns.
A photograph accompanying this announcement showcases the key individuals behind this groundbreaking initiative. From left to right:
2. Gilbert Wong
3. Dato Muhamad Firdaus Azhar
5. Dato Abdul Haadi Azhar
6. Brian Wong
Beyond its financial implications, the collaboration between RXT Digital Limited Hongkong and ASA Securities symbolizes the convergence of traditional finance with the rapidly evolving world of cryptocurrency, blockchain, and Web3 technologies. “Bitcoin land” is set to feature educational centers, crypto trading floors, and even recreational areas, making it a holistic space for both work and leisure.
Dato Muhamad Firdaus Azhar commented, “Malaysia’s waterfront, with its rich history and cultural significance, is the perfect backdrop for this futuristic endeavor. ‘Bitcoin land’ will not only solidify Malaysia’s position in the global fintech arena but also attract international talent, fostering innovation and collaboration, and cementing its reputation as the Web3 hub of Asia.”
As the global financial landscape undergoes rapid transformation, “Bitcoin land” on Malaysia’s waterfront stands as a testament to the limitless possibilities when vision, innovation, and collaboration come together.
Organization: RXT Digital Limited Hongkong
Contact Person: N/A
City: Hong Kong
Country: Hong Kong S.A.R.
Release Id: 2710237365
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