The Australian Securities Exchange has invested $150 million in a blockchain stock settlement system

[The Australian Stock Exchange has invested $150 million in the blockchain stock settlement system] Jinse Finance reported that according to the Australian Securities Exchange (ASX) annual performance announcement, as of the end of June 2022, the exchange has invested $150 million in the blockchain stock settlement system. The stock settlement system spent 216 million Australian dollars (150 million U.S. dollars), which is reported to include all their work costs since 2016, but does not include its investment in software developer Digital Asset. The DAML smart contract language will be used in CHESS, the Australian Securities Exchange's blockchain settlement system, with VMware Blockchain providing distributed ledger technology (DLT). (ledgerinsights)

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Animoca Brands acquires 67% stake in Australian digital service agency Be Media: On April 19, it was reported that Animoca Brands acquired a 67% stake in Australia-based social digital service agency for an undisclosed amount. Be Media will assist Animoca in establishing partnerships with major Australian brands, leveraging the gaming company's existing IP and new decentralized offerings.

Be Media founder Jordan Fogarty will retain a "significant minority stake" in the marketing agency and remain chief executive overseeing all business operations. Fogarty was also an early investor in Animoca Brands and previously served on the board of OliveX Holdings, a fitness virtual world company created and spun out of Animoca. [2022/4/19 14:32:40]

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