evergreen

ChainCatcher news, OSL Group (00863) announced that its wholly-owned subsidiary OSL Midaspay Limited signed a share purchase agreement with Lau Shu Ming on May 30 to acquire 90% of the issued shares of Evergreen Crest Holdings Ltd for $15 million (approximately HKD 117 million).The transaction will be paid through the issuance of consideration shares, and upon completion, the target company will become an indirect subsidiary of OSL Group. The target company is currently operating a digital asset exchange through its subsidiaries and holds a futures broker license and a cryptocurrency dealer license in Indonesia. This acquisition will provide a strategic pathway for OSL Group to enter the Indonesian digital asset market.

ChainCatcher news, according to Decrypt, Web3 game development company Midnight will launch the MMO game "The Evergreen: Midnight Market" on Aptos on November 13. The game will be available on web, mobile, and Telegram, and is developed in collaboration with the Aptos Foundation, focusing on the theme of risk and reward.

ChainCatcher news, Avalanche announced the launch of the testnet Spruce for the Evergreen subnet. The initial institutional partners for this testnet include T. Rowe Price Associates, WisdomTree, Wellington Management, and Cumberland. Participating institutions will use Spruce as a testnet for various applications and assets to measure the benefits of on-chain transaction execution and settlement.The Spruce testnet is designed to allow institutional participants on both sides of a transaction to engage with public blockchain infrastructure in a low-risk, low-barrier manner. Using worthless tokens enables institutional participants to experience the full capabilities of the Avalanche subnet architecture without putting funds at risk.Previously on April 6, Avalanche announced the launch of the Avalanche Evergreen subnet, which will be a set of institutional blockchain deployment services and tools specifically designed for financial services. (Source link)

ChainCatcher news, Ava Labs announced the launch of the Avalanche Evergreen subnet, which will be a set of institutional blockchain deployment services and tools specifically designed for financial services. Institutions can launch their own Evergreen subnets for research and "production-ready use cases," and can implement blockchain strategies in private, permissioned chains with known and approved counterparties, while retaining the ability to communicate with other subnets through Avalanche's native communication protocol, Avalanche Warp Messaging (AWM). (source link)