Greater China Digest: Circle picks up stake in CYBAVO; Grace Laser bags funding

Greater China Digest: Circle picks up stake in CYBAVO; Grace Laser bags funding

Taipei, Taiwan. Photo by Louis Cheng on Unsplash

Circle has picked up a stake in Taiwan’s CYBAVO from Singapore’s ADDX while while laser equipment maker Grace Laser has snapped almost $28 million in a funding round.

Circle acquires ADDX’s stake in CYBAVO

Singaporean private market exchange ADDX has sold its stake in Taiwan-based CYBAVO to crypto finance company Circle, the parent company of USD Coin, according to a company announcement.

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