The Curve: Ong Kai Min, Founder, Singapore Index Trading Institute

Published May 30, 2018, 1:58 PM

Singaporean entrepreneur Eric Cheng has announced a S$67 million acquisition of one of Japan’s largest crypto currency platforms, BitTrade. With the acquisition, Mr Cheng will own controlling stake in the two firms — FX Trade Financial and its affiliate company BitTrade. What could this acquisition mean for the cryptocurrency market? Ong Kai Min, Founder of the Singapore Index Trading Institute tells us more.