MOG Digitech completes subscription for 5.27% stake in KUN International Group Limited

Reuters03-18 20:59

MOG Digitech completes subscription for 5.27% stake in KUN International Group Limited

MOG Digitech said it completed a subscription for preferred shares in stablecoin-based payments platform KUN, taking a 5.27% equity stake. The investment was based on a pre-money valuation of USD 100 million for KUN. MOG Digitech said KUN recorded total payment value of about USD 855.75 million for the nine-month period ended March 31, 2025. Following completion, MOG Digitech said it entered into a strategic cooperation framework agreement with KUN.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. MOG Digitech Holdings Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260318-12057960), on March 18, 2026, and is solely responsible for the information contained therein.

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