The Series J funding round by the San Francisco tech firm is being led by US venture capital firm Thrive Capital.

The HKMA has launched a grant scheme of up to HK$2.5m for future digital bond issuances, which is the SAR’s latest move to build its virtual asset ecosystem.

The Japanese insurance giant also agrees to buy the remaining 20% of MLC Life from National Australia Bank for A$500m, with the plan to create a new entity called Acenda.

The Southeast Asian nation is emerging as a market bellwether, with improving fundamentals, however the uncertain 2025 global trade outlook is making some investors cautious.

Asset managers share the view that despite a strong base for the US economy, Trump’s actual tariff and immigration policies after he assumes office will be key.

Matos will relocate from Hong Kong to Melbourne and replace outgoing CEO Shayne Elliot in July 2025.

Singapore-based Ashvin Parkash joins BNY from Nomura, where he was responsible for electronic distribution across fixed income and FX; Madiha Sattar joins in the UAE in a newly created Growth Ventures global role.

This portfolio will be managed by a team of 15 credit investment professionals across offices in New York, London and Singapore, and will be led by Nicolas Debetencourt.

Jo Miyake to become head of banking, Asia and the Middle East, under its new Corporate and Institutional Banking unit, while Selim Kervanci will become CEO of the Middle East.

Yin is also head of global corporate coverage for China, and is based in Beijing.