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- Welcome Kevin_Lee to the Gate Square! 🎉
Looking forward to more great crypto insights from him.
Check out and engage with Kevin_Lee’s latest post!
👉 Post: https://www.gate.com/post/status/11758920
👉 Profile: https://www.gate.com/profile/Kevin%20Lee
Let’s give Kevin_Lee a warm welcome! 👏👏👏
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Complete deposit and trading tasks to receive random LOT airdrops. Exclusive Alpha trading task await!
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📄 More info 👉 https://www.gate.com/announcements/article/45695 - 🎉 Gate Alpha Second Points Special Airdrop is coming!
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📸 Alpha Points Snapshot: June 24, 16:00 (UTC)
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ASX sells Digital Asset Holdings shares for a book gain of $42 million
According to Wu Shu, the Australian Securities Exchange (ASX) has completed the sale of a stake in Digital Asset Holdings. The transaction was valued at $57 million, from which the ASX received a book gain of approximately $42 million.
ASX acquired an 8.5% stake in Digital Asset Holdings for $47 million in 2016, with the original plan to use blockchain technology to replace the CHESS clearing system. The project was declared a failure in 2022, resulting in a loss of approximately AUD 250 million for ASX.
Currently, Tata Consulting Services is responsible for the development of a new clearing system. At the same time, the Australian Securities and Investments Commission (ASIC) filed a lawsuit against the ASX over issues related to information disclosure.
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