Taiwan Mobile Said to Mull Possible Investment in Crypto Company

Telecommunications company Taiwan Mobile Co. is exploring opportunities for collaboration with local crypto platforms, including potentially investing in one of the businesses.

The government-licensed wireless service provider is in early-stage talks with crypto firms about strategic partnerships, according to three people familiar with the matter, who asked not to be identified discussing private information.

Taipei-based XREX Inc., which describes itself as a blockchain-enabled financial institution, is among the companies in the conversations, the people said. No decisions have been made and a deal may not materialize, the people added.

Taiwan Mobile said it’s “open to any potential opportunities” but ...