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Edelteq launches Halovision JV, secures strategic investment from Kumpulan Modal Perdana

KMP to invest up to US$672,000 in Halovision The investment will advance the Raptor and i-Falke series & provide working capital support Edelteq Holdings Berhad has announced the establishment of Halovision System Sdn. Bhd., a joint venture with Halo Technologies Sdn. Bhd., to develop and commercialise advanced Automated Optical Inspection (AOI) systems for the global semiconductor industry. As part of this milestone, Kumpulan Modal Perdana Sdn. Bhd. (KMP)a tech-focused venture capital firm wholly owned by the Minister of Finance and operating under the purview of the Ministry of Science, Technology and Innovation will invest up to US$672,000 (RM3. 2 million) in Halovision. The funds will accelerate the development of the Raptor series for substrate panel inspection and the i-Falke series for wafer-level inspection, as well as supporting working capital requirements. This partnership is a strong vote of confidence in Halovisions technology and vision. With KMPs strategic backing, we aim to accelerate product development and position Malaysia as a key contributor to the next wave of semiconductor innovation, said Chin Yong Keong, Group CEO of Edelteq Holdings Berhad. Lee Hui-Ni, Chief Investment Officer of KMP, added: We are proud to support Halovision in its journey here in Malaysia as it advances towards delivering world-class semiconductor inspection solutions. This investment underscores our deep commitment to nurturing home-grown innovation and strengthening Malaysias position in the global electronics and semiconductor value chain. Meanwhile, John Moon, CEO of Halovision System Sdn. Bhd., said: At Halovision, our mission is to push the boundaries of inspection technology to meet the evolving demands of the semiconductor industry. With the combined strengths of Edelteq, HTSB and KMP, we are confident of bringing cutting-edge solutions such as the Raptor and i-Falke series to market and establishing Halovision as a trusted technology partner globally. The creation of Halovision, together with KMPs investment, underlines Edelteqs commitment to advancing semiconductor equipment capabilities and deepening Malaysias footprint in the global high-tech ecosystem. Beyond capital deployment, the investment represents a strategic collaboration between a government-owned venture capital fund and a publicly listed company to support a pioneering Malaysian semiconductor start-up. The partnership is positioned to accelerate industry advancement in line with Malaysias National Semiconductor Strategy by cultivating local talent and technological capability, upgrading the value chain, and strengthening Malaysias role as a pivotal enabler in the global semiconductor ecosystem.

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ARK Invest Forecast Highlights $25 Trillion Crypto Market Cap, Here’s How Much Ethereum And XRP Will Be

Ark Invest, an American investment management firm, has recently shared a long-term forecast that envisions the Ethereum (ETH) price reaching the six-digit territory if the total crypto market capitalization surges to $25 trillion. Ark Invest also notes that Ethereum stands to be one of the biggest winners in this scenario, with XRP also set to [.].

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Some Altcoins See Trading Volume Boom in South Korea – One Reaches Billion-Dollar Volume

The post Some Altcoins See Trading Volume Boom in South Korea One Reaches Billion-Dollar Volume appeared com. There has been a notable increase in trading volumes on South Korea’s largest cryptocurrency exchanges, Upbit and Bithumb, in the last 24 hours. Some altcoins, in particular, have become the focus of investors, reaching billion-dollar volumes. Avantis (AVNT) topped the list when comparing data from both exchanges. Popular crypto assets like USDT, XRP, and Story (IP) also topped the list, while some relatively new projects also saw significant trading volumes. The most traded altcoins and their volumes in the last 24 hours are as follows: Avantis (AVNT) $1. 63 billion Boundless (ZKC) $291 million World Liberty Financial (WLFI) $306 million XRP $234 million Lombard (BARD) $145. 6 million Story (IP) $176. 3 million Valve (VANA) $120. 9 million Tether (USDT) $254 million Bitcoin (BTC) $99. 6 million Linea (LINEA) $74. 8 million PumpBTC (PUMP) $86. 6 million Thena (THE) $58. 1 million SynFutures (F) $52. 7 million Orderly (ORDER) $44 million Lista DAO (LISTA) $28. 9 million *This is not investment advice. account now for exclusive news, analytics and on-chain data! Source:.

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Grayscale Seeks Big Breakthrough: Amended S-1 Filed To Convert Dogecoin Trust Into GDOG ETF

Grayscale Investments, one of the largest digital asset management firms in the world, has made another bold move in the crypto ETF space. The company recently submitted an amended S-1 registration statement to the US Securities and Exchange Commission (SEC), this time for its Dogecoin product. The filing reveals Grayscales intention to convert its existing [.].