Asia Digest: Animoca Brands to acquire nWay; Equinix, FPT in pact

Photo: Seam Do/Unsplash

ASX-listed games and app developer Animoca Brands has entered into an agreement to acquire 100 per cent of the issued capital in nWay, Inc for US$7.69 million while Nasdaq-listed data centre company Equinix has announced a strategic partnership with Vietnam tech major FPT.

Animoca Brands to acquire nWay for $7.69m

ASX-listed games and app developer Animoca Brands has entered into an agreement to acquire 100 per cent of the issued capital in nWay, Inc for $7.69 million, according to an announcement.

nWay is a San Francisco based developer and publisher of competitive multiplayer games across mobile, consoles, and PC.

nWay is currently developing a marketplace and frictionless prizing system for nWayPlay that will utilise non-fungible tokens to further increase player engagement and unlock new monetization models for games on the nWayPlay platform.

Animoca Brands is an investor in Lucid Sight, Dapper Labs, WAX, Harmony and Decentraland. Its most recent investments include Sky Mavis, Quidd, Gamma Innovations, Leade.rs, Experimental and Skytree.

Equinix & FPT strategic partnership enables MTX to go global 

Equinix, Inc., a Nasdaq-listed interconnection and data center company, has announced that its strategic partnership with Vietnamese telco provider FPT has enabled local Vietnamese companies to expand into overseas markets.

This strategic partnership has supported blockchain-enabled cryptocurrency trading platform provider MTX to achieve its global expansion goals, as they take their first step into Singapore in the Southeast Asia market.

Since 2013, Equinix and FPT have a partnership that spans across Singapore, Japan, and  Hong Kong. FPT’s connectivity solutions, combined with Equinix’s global interconnection platform, is able to provide added value via regional connectivity solutions to FPT’s customers who are looking to expand their presence into the region.

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.