SeDCapital, the wholly-owned capital markets investment arm under Alset International has, on April 20, entered into a joint venture agreement (JVA) with digital asset management firm Novum Alpha.

Under the agreement, SeD Capital will own 50% of the issued and paid-up capital in the joint venture company (JVC), Credas Capital.

The remaining 50% will be owned by Novum Alpha, a leading digital asset management firm that’s based in Singapore. The company specialises in trading cryptocurrencies and has a regional footprint in Malaysia, Vietnam, Indonesia and Thailand.

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