Adrian Cheng invests in multi-asset liquidity provider CBCX

Hong Kong entrepreneur Adrian Cheng Chi-kong has invested in multi-asset liquidity provider CBCX, as part of his ambition to unite traditional finance with the emerging digital assets.

This strategic investment will inject momentum and resources into CBCX’s growth across the Asia-Pacific region and global markets, CBCX said, adding that the partnership will focus on expanding financial trading and investment solutions for participants in the gold and foreign exchange industries, while deepening collaboration across commodities, stocks and brokerage services.

The London-based company is also preparing to launch its Digital Asset Index, offering diversified crypto investment and hedging products for financial institutions, family offices, and individual investors, it said. 

The partners with the former chief executive of local developer New World Development (0017) will also jointly explore the issuance of digital gold and tokenised financial products, fostering deeper integration between traditional finance and the digital asset economy, CBCX added.