COVID–19 NEWS   COVID : 30.4 pct of children in Malaysia fully vaccinated | N Korea reports one additional death amid COVID-19 outbreak | S Korea to resume issuing short-term travel visas, e-visas next month | Biden's daughter tests positive for COVID-19 | MPN recommends govt to come up with new initiatives to help tourism sector | 
BUSINESS

HWGG Capital launches new investment feature, 'Amplify '

03/03/2021 08:54 PM

KUALA LUMPUR, March 3 -- HWGG Capital PLC has introduced a new investment feature, ‘Amplify’ into its HWGCash application, allowing users to invest their digital assets into any traditional investment funds.

In a statement today, it said Amplify is designed as a listing feature on HWGCash app to allow financial institutions to list their financial products and open an avenue to target new international investors from the digital assets market.

HWGG Capital's chief executive officer, Mavis Mok said the new feature offers users more flexibility to manage their own investment portfolio between short to long term.

"We are also helping other financial institutions to list their funds by connecting traditional investment products with the global access nature of our blockchain platform to reach a niche market of digital assets investors. 

"We look forward to having more investment funds to come on board, working closely with Investment Banks and companies within the region," he said. 

According to HWGG Capital, HWGCash app is Asia's first licensed digital asset payment service platform under the Labuan Financial Services Authority to offer financial products with the introduction of Amplify.

"To invest in Amplify, users need to place a minimum value of US$500 in USD Tether or HWG Cash digital assets, before selecting preferred duration of six or 12 months and beyond to begin their investing journey," it added. 

-- BERNAMA


Bernama is the trusted source of reliable real-time comprehensive and accurate news for both the public and media practitioners. Our news is published at www.bernama.com ; BERNAMA TV on: Astro Channel 502, unifi TV Channel 631, MYTV Channel 121 IFLIX; and Bernama Radio broadcasting locally on FM93.9 in Klang Valley, Johor (FM107.5), Kota Kinabalu (FM107.9) and Kuching (FM100.9).

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2022 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy