According to Techinasia, Animoca Brands has signed a term sheet with China's investment and asset management platform GROW Investment Group, planning to strategically acquire up to a 15% stake in its Hong Kong-licensed subsidiary, GROW Asset Management (HK) Limited. The deal is still subject to the signing of a final agreement and obtaining relevant regulatory approvals. The two parties aim to develop the platform to offer both cryptocurrency and traditional financial products, with a focus on Asian family offices and ultra-high-net-worth individual clients. Under this collaboration framework, Animoca Brands will introduce crypto asset products, including physical assets, while GROW will provide its curated traditional and alternative investment allocation solutions. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=53612