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Kaspi.kz stated in a declaration on Monday that Tencent, together with the company's management and long-term investors, has completed the acquisition of 6 million American Depositary Receipts (ADR) from Baring Vostok Financial Technology Venture Fund. This represents a 3.2% stake, valued at approximately $518 million based on Friday's trading price. Morgan Stanley provided advisory services for this transaction. This is Tencent's first investment in Kazakhstan and its second in Central Asia. Last year, Tencent led a round of equity financing for the Uzbek fintech and e-commerce company Uzum. (Bloomberg)

Golden Ten Data reported on April 20 that on the 20th local time, Qu Dongyu, Director-General of the United Nations Food and Agriculture Organization, warned that conflicts in the Middle East are further weakening already fragile agricultural and food systems and impacting global supply chains, threatening the availability, accessibility, and affordability of food. At the 38th Session of the Near East Regional Conference held at the headquarters of the United Nations Food and Agriculture Organization in Rome on the same day, Qu Dongyu pointed out that food production, trade, and distribution systems in the Middle East are suffering severe impacts, while rising energy prices and disrupted fertilizer market supplies worldwide have increased production costs, affecting agricultural productivity both within and outside the region. He emphasized that even if conflicts end today, their long-term consequences for agriculture will persist. Conflicts have severely impacted the livelihoods of farmers, producers, and value chain participants. Qu Dongyu also stated that the Food and Agriculture Organization firmly believes that the right to food is a fundamental human right and that peace is a prerequisite for food security. Efficient, inclusive, and resilient agricultural and food systems are crucial for restoring stability and peace.

According to ChainCatcher, the Bitcoin options market will see about $7.9 billion worth of options expiring this Friday, with approximately $395 million in call options concentrated around the $75,000 strike price. The current funding rate has turned negative, reflecting an overall bearish positioning in the market; if the price continues to hold above this key level, the potential risk of a short squeeze may intensify.