Byte Power Group Limited (ASX:BPG) is a diversified technology, food and wine distribution company.
BPG’s subsidiary, Byte Power Pty Ltd (“BPPL”), is building and launching a cryptocurrency exchange. BPPL’s exchange is designed to be user friendly, mobile friendly and will be equipped with advanced security functions. The exchange allows users to conveniently formulate their preferred investment or trading strategies suitable not only to expert traders. The exchange will provide a safer and smarter method to trade Cryptocurrencies for non-technical users.
BPG through its partnership with Wimobilize Singapore Pte Ltd (“Wimobilize”) provides BPG’s subsidiaries in Australia, Singapore and Hong Kong with the exclusive distribution rights to sell and implement Big Data related solutions. The exclusive distribution rights are for the territories of Australia, New Zealand, Singapore, Malaysia, China, Taiwan, Hong Kong, and Macau.
BPG also has a food and wine export and distribution business into Asia. BPG’s Australian subsidiary, Wine Power Pty Ltd, has developed its own range of wines for the Asia market called 8 Eagles, and this range remains the focus of the wine business.