BiFinance Signs Strategic Investment Agreement with Hong Kong-Listed SDM Education Group at a Valuation of US$100 Million

Hong Kong-listed SDM Education Group announced that it has signed a Series A strategic investment agreement with BiFinance, a digital asset trading platform, under which the two parties will launch long-term cooperation in the fields of Blockchain technology, real-world assets and digital assets.

In addition, SDM Education Group disclosed that BiFinance's current Series A financing is valued at US$100 million and the entering into of the framework agreement between the two parties is in line with the Group's business strategy of exploring business opportunities in the relevant industries, and the directors of the Group believe that they will be able to leverage the contracting party's expertise and experience in the areas of blockchain technology, real-world assets, digital assets, teaching and learning, swallowing and speech therapy, and photography (as applicable), which is expected to facilitate the development of New business activities and strengthening of existing business segments。