Thanks @arcthecommunity - the real due diligence is choosing the hotpot spot.
Huge congrats to our Stellar @shobtc, Co-founder and CEO of @coinhako, on joining the SBI Group!
Yusho has been building since 2014, turning Coinhako into one of Southeast Asia's most trusted & compliant crypto exchanges back when compliance was probably the least cool word in the industry. Now one of Japan's largest financial groups is backing that foundation to take digital assets across Asia.
12 years of building through every szn, and now helping shape the future of finance in Asia. 🔥
So, wen celebratory hotpot?
Every startup is ultimately a story about people.
Thank you to everyone who has been part of Coinhako’s journey.
Excited to build the future of digital assets together with SBI Group!
Japanese Financial Group SBI Holdings Acquires Majority Stake in Singapore Crypto Platform Coinhako
Japanese financial group SBI Holdings said it received approval from the Monetary Authority of Singapore and, on July 16, acquired a majority stake in Holdbuild, the parent company of Singapore-based crypto platform Coinhako, through a capital injection and the purchase of shares from existing shareholders. Coinhako will become a consolidated subsidiary of SBI, while the transaction value was not disclosed. Coinhako’s Hako Technology holds a Major Payment Institution license from the MAS.
Yusho Liu retweeted
At the beginning of 2024, I launched the first article in this series where we introduced the idea of Community-As-A-Brand entities. In that article, I wrote about the origins behind these entities and why they are tipped to be the next-gen unicorns. More importantly, I shared about how we had designed and built @arcthecommunity to be such an entity.
Since then, much has happened. We closed our mint in March to focus on building. Then we shared with the community in April that we wanted to raise a round completely from within the community. The months after were filled with many 1-1 conversations with members as I shared more about the future plans for ARC.
Those conversations also led me to write this next piece in the series. In my meetings with the team and community, I often speak about the idea of community-led growth and how that is key for ARC. It is also the reason why we always prioritise community health as an always-on OKR and in this piece, I have tried my best to outline how you go from designing community-as-a-brand entities to activating them.
At ARC, we are creating an unprecedented kind of business model - a digital-first institution borne out of a highly-aligned community. I have always emphasised that we are not an NFT project, but an entity that is leveraging crypto and blockchain technologies to further our community and business goals. In that regard, our ambition does not sit merely within Web3. We strongly believe that by implementing the principles outlined in this article consistently, we will be able to build up revenue streams far beyond any traditional Web2 counterparts or similar community-centric entities in Web3. We hope you get to understand more of that ambition after reading this piece.
With the publishing of this new chapter, we are humbled to share that thanks to the support and belief that members have placed in us, we have closed our fundraise with more than USD4.5mil raised.
Beyond the amount, it is the fact that this was a round that was raised completely from within the community. It’s a genuine testament to the content I’ve covered here about our thinking behind ARC and what we have achieved thus far. They aren’t just theoretical principles about community-building but real-life executions we have implemented.
As always, I hope you find this a provocative read that challenges and informs your perspectives on communities and how they can be run.
Yusho Liu retweeted
The basic building blocks of Co-Museum:
Asset Backed Collectibles.
ABCs represent both the physical collectible and the underlying artwork, putting art back in the hands of the people.
Apart from making artifacts with significant cultural value more accessible to the public, it also creates an inherent emotional connection with the art pieces — amplifying its reach in the process.
This in turn opens up more opportunities for artists, museums and auction houses as well, as they can offer access to invaluable items for all art lovers, not just the top 1%.
What Co-Museum is building isn’t a project. It’s a movement.
This quoted post is unavailable.
Yusho Liu retweeted
🛹✨ Co-own @azuki’s iconic 24k gold-plated skateboard signed by Tony Hawk at CEMENT.
🗓️ 13 – 25 Sep
📍 CEMENT, G31, G/F, MUSE EDITION, K11 MUSEA
⏰ 11AM – 9PM
@CO_MUSEUM @YOON_AMBUSH @K11MUSEA
#K11MUSEA #CEMENTWERKSTATT #LASTKNIGHT #AZUKI #ARTIFACT001THEGOLDENSKATEBOARD
