Singapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction. Singapore doled out 13 crypto licenses in 2024 to a range of crypto operators including top exchanges OKX and Upbit, as well as global heavyweights Anchorage, BitGo and GSR.
Open FlipChristmas week began on a positive note on Wall Street as big tech names led the S&P 500 and the Nasdaq higher on a day that was thinly traded. The tech-heavy index ended 1% higher, while the S&P 500 gained 0.7% led by gains in Nvidia, Broadcom, Alphabet and Meta. The Dow Jones ended above the flat line but underperformed its peers.
Open FlipThe share allotment for DAM Capital Advisors Limited’s ₹840.25-crore IPO is scheduled to be finalised on December 24. The IPO, which closed on December 23, was oversubscribed 81.88 times, receiving bids for 1,70,35,38,349 shares against 2,08,04,632 shares on offer. Share allotment status can be checked on BSE, NSE, or the issue’s registrar, Link Intime India Pvt Ltd.
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