The Shariah-compliant stablecoin backed by Gulf currencies expands to a new Layer 2 network aimed at institutional settlement in the Middle East.
The Shariah-compliant stablecoin backed by Gulf currencies expands to a new Layer-2 network aimed at institutional settlement in the Middle East.
HKEX and Boursa Malaysia announced plans for cross-border collaboration including ETFs and dual listings at the 40th AOSEF General Assembly. The first major collaboration grants Da Cheng International Asset Management a licence to issue an ETF tracking the HKEX Bursa Malaysia Large Cap Index, comprising 62% Hong Kong stocks and 38% Malaysian shares. About 30 Malaysian companies are currently listed in Hong Kong, representing nearly a third of 103 Southeast Asian issuers.
