💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
ASX sells Digital Asset Holdings shares for a book gain of $42 million
According to Wu Shu, the Australian Securities Exchange (ASX) has completed the sale of a stake in Digital Asset Holdings. The transaction was valued at $57 million, from which the ASX received a book gain of approximately $42 million.
ASX acquired an 8.5% stake in Digital Asset Holdings for $47 million in 2016, with the original plan to use blockchain technology to replace the CHESS clearing system. The project was declared a failure in 2022, resulting in a loss of approximately AUD 250 million for ASX.
Currently, Tata Consulting Services is responsible for the development of a new clearing system. At the same time, the Australian Securities and Investments Commission (ASIC) filed a lawsuit against the ASX over issues related to information disclosure.
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