Green Packet in blockchain, digital asset investment

Meanwhile, OCIB chief executive officer Tan Kay Yen (file pic) said the bank would position itself as a “trusted” gateway into the crypto finance world for high net worth individuals and institutional investors.

KUALA LUMPUR: Green Packet Bhd’s wholly owned subsidiary Oasis Capital Investment Bank (OCIB) has secured a conditional investment bank licence from the Labuan Financial Services Authority (LFSA), allowing the group to venture into blockchain and digital asset investment.

In a statement yesterday, Green Packet said the licence allows it to start fulfilling operational conditions such as setting up the required processes and technology platforms in view of the regulatory requirements.