OKCoin CEO to Acquire LEAP Holdings Group

OKC Holdings Corp bought 3.2 billion shares at HK 0.15 per share, controlling 60.49%
25 January 2019   565

CEO of the Chinese bitcoin exchange OKCoin Star Xu has become the largest shareholder of LEAP Holdings Group, which is listed on the Hong Kong Stock Exchange (HKEX). The deal amounted to $ 60 million, according to a press release from HKEX.

OKC Holdings Corp, the company controlling OKCoin, acquired 3.2 billion shares at HK 0.15 per share, controlling 60.49%.

In turn, Star Xu owns 52.32% of OKC Holdings Corp through StarXu Capital and OKEM Services Company.

Gan Ma through Vlab Capital (5.08%), Bo Feng through Golden Status Ventures (9.86%) and Jing Shi (13%) also have a stake in OKC Holdings Corp.

OKCoin reported on intension to acquire LEAP Holdings for HKEX listing in mid-January.

Earlier, the Korean exchange Bithumb announced its intention to become a public company in the US jurisdiction, absorbing Blockchain Industries.

Bibox Exchange to Conduct 4 IEO Simultaneously

The allocation of tokens will be perfomed in the order of the lottery among holders of BIX tokens and the IEO to be perfomed at Bibox's Orbit platform
19 April 2019   99

Bibox cryptocurrency exchange presented four projects that will conduct the initial exchange offering of their tokens as part of the first wave of IEO on April 22 on the Bibox Orbit platform.

  1. The Force Protocol (FOR) is a distributed protocol of crypto-financial services based on a public blockchain system, providing opportunities for cross-platform asset transaction and communication, use of crypto assets from several blockchains to provide steybcocoins, issue tokenized bonds, etc.
  2. Ludos (LUD) is a solution for a distributed gaming ecosystem designed to bring large-scale blockchain games and economic incentives to life.
  3. Staking (SKR) is a decentralized asset management platform that allows investors to safely stack tokens.
  4. X-Block (IX) is a computing system based on the blockchain architecture.

The allocation of tokens will be perfomed in the order of the lottery among holders of BIX tokens. Potential investors will be able to declare how many tokens of a project they want to purchase based on their BIX, after which a separate rally will be held for each of the projects.