SG Digest: Keppel-managed fund acquires Wevolve; Upbit Singapore bags MPI licence

SG Digest: Keppel-managed fund acquires Wevolve; Upbit Singapore bags MPI licence

FILE PHOTO: A Keppel signage is pictured in Singapore July 6, 2023. REUTERS/Edgar Su/File photo

A Keppel-managed fund has acquired Wevolve for around $261 million, while Upbit’s Singapore arm has received a major payment institution (MPI) licence from MAS.

Edited by: Joymitra Rai