TechFlow, December 16 — According to Techinasia, Animoca Brands has signed a term sheet for a strategic partnership with GROW Investment Group, a leading investment and asset management platform in China. Under the agreement, Animoca Brands plans to acquire up to 15% equity in GROW Asset Management (HK) Limited, which will be renamed GROW Digital Wealth (GDW). The final transaction is subject to definitive agreements among parties and regulatory approvals.
GDW holds multiple licenses from the Hong Kong Securities and Futures Commission, enabling it to provide securities trading, advisory, and asset management services. This collaboration aims to position GDW as a platform offering both cryptocurrency and traditional financial investment products, primarily serving family offices and ultra-high-net-worth individuals across Asia.
Under this partnership framework, Animoca Brands will introduce cryptocurrency assets—including physical assets—to the platform, while GROW will provide its curated investment offerings.
