Hong Kong VC Firm Invests $160 Million in World’s First Security Token Exchange201.62

A Hong Kong venture capital firm has reportedly agreed to invest $160 million in Chinese security token exchange tZero. As reported by China Money Network, Hong Kong-based GSR Capital has entered into a $160 million purchasing agreement with the security token exchange tO.com Inc (tZERO) for its security tokens at US$10 per token.

GSR, founded in 2004 by Sonny Wu and Richard Lim, manages three separate but complementary teams working towards sector leadership with an aim to bringing their investment strategies to global projects.

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