BiFinance signs strategic investment agreement with Hong Kong-listed company SDM Education Group at a valuation of US$100 million

BlockBeats reported that on August 16, SDM Education Group, a Hong Kong-listed company, announced that it had signed a Series A strategic investment agreement with BiFinance, a digital asset trading platform. The two parties will carry out long-term cooperation in the fields of blockchain technology, real-world assets, digital assets, etc.

According to SDM Education Group, BiFinance's Series A financing valuation is US$100 million. The signing of a framework agreement between the two parties is in line with the group's business strategy to explore business opportunities in related industries. The group's directors believe that they will be able to utilize the contracting parties' expertise and experience in blockchain technology, real-world assets, digital assets, education, swallowing and speech therapy, and photography (if applicable), which is expected to help develop new business activities and strengthen existing business divisions.