June 12, 2017 BY Valentina Kirilova

Wecast purchases 51% of NextGen, former Nasdaq Executive joins as Executive Chairman

Wecast Network, Inc. (NASDAQ: WCST), announced today that it has acquired 51% of NextGen Exchange Group (NextGen), the first Blockchain- and Big Data-enabled index exchange, which will reside and operate under Wecast Network's Wecast Services Group (WSG) and become an essential component of Wecast's Transactional Finance Product Cloud business. WCST will pay no monetary or…

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