Lion Group Holding Ltd. Announces Strategic Investment in Indonesian Stablecoin Provider
Lion Group Holding Ltd. is investing up to USD $12 million via a stock-for-participation arrangement into PT Nusantara Bumi Sangkara, an Indonesia-based digital financial infrastructure provider and stablecoin issuer. The investment will give Lion Group a 10% indirect economic interest in the target company through Meili Capital Management Limited.
Topics: blockchain digital financial solutions investment stablecoins