Razer makes virtual currency push with $20M investment in Asian payment firm

Razer makes virtual currency push with $20M investment in Asian payment firm

By Jon Russell

Razer has invested close to $20 million into Malaysia-based online payment firm MOL Global as part of a push to establish its virtual currency for gamers in Asia. The deal sees Razer subsidiary ZV-Midas buy equity from existing backers MOL Investment and Hotel Resort Enterprise in a deal that values the MOL Global business at around the $100 million mark. Gaming company Razer, which made… Read More

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Source:: TechCrunch Gadgets

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