Japan’s Coincheck said to win regulatory nod for crypto exchange operations


It won the approval to operate as a licensed cryptocurrency exchange after improving its governance in the wake of one of the biggest digital money thefts earlier this year.

WeWork experiences pushback from landlords, real estate rivals

Big real estate names like Blackstone Group LP and Tishman Speyer are venturing into flexible-space offerings of their own. Brokers, meantime, are growing wary that WeWork is cutting them out of deals.

Japan’s ITOCHU, Kyocera lead $24.8m round for US company 24M

The proceeds of the latest financing round will help 24M scale its advanced lithium-ion battery manufacturing globally.

Khazanah-backed AR startup Blippar slips into administration, to halt services

Blippar is said to have sunk into insolvency following a dispute between its investors.

Deutsche Bank sees investment banker exodus in Asia amid cuts

Almost 50 bankers in Hong Kong and Singapore have left in the past six months, or about 30% of the investment-banking workforce before the departures.

Bain Capital said to have closed fourth Asia fund at $4.65b

Bain Capital raised $4 billion from external investors and $650 million from itself and related parties.

Adams Street Partners collects $824m for 2018 Global Fund

The global fund, which exceeded its initial target of $800 million, received strong demand from investors across the globe.

SoftBank telecom unit’s shares fall below IPO price in Tokyo debut

The shares of SoftBank Group Corp.’s Japanese telecom business fell at the start of trading after Masayoshi Son raised more than $20 billion in an initial public offering.

Australia’s PEP-backed IntelliHUB buys Mercury NZ’s metering unit for $194m

IntelliHUB is a joint venture between Pacific Equity Partners Swiss metering firm Landis+Gyr.

APAC Digest: NZ-based LearnCoach gets $1.5m; Myanmar’s Greenovator bags grant

New Zealand-based online education platform LearnCoach has secured $1.5 million in seed funding while Myanmar agri-mobile platform Greenovator has snagged a six-digit grant from the GSMA Ecosystem Accelerator Innovation Fund.