Amitabh Bachchan has always been a trendsetter, no matter what he does in his life, and at present, the trend has been continuing with his all-new investing sectors as well. An asset that has been owned by a renowned Singapore based company named Meridian Tech, both Amitabh and his son named Abhishek Bachchan together invested about two lakh fifty thousand US Dollars with the company, way back in the year 2015. The company later on acquired by the LongFin Corp. The deal happened in the just two days of time after the stocks of LongFin got listed upon the NASDAQ. Until last Monday, the stocks got a hike of about one thousand percent after surging over with a value of about two thousand five hundred percent on last Friday, when the company decided to announce about their decision to acquire Ziddu.
During 2015, when the Bachchans made their investments with the Meridian, the Ziddu was known to be a cloud-based storage and an e-distribution startup. However, from this particular month, the entire description has changed as a blockchain technology solution provider, that offers small finances using the cryptocurrencies all over the continents. After LongFin announced the acquisition of Ziddu, the Bachchans received about two lakh fifty thousand shares of the LongFin in return of their holding, which they had with the Meridian Tech in the past, and it eventually made their two lakh fifty thousand US Dollar investment reach sky up to 17.5 million US Dollars in terms of value.
Once this information was leaked out, media people tried to reach Amitabh Bachchan about their investments turning huge, but there was no kind of official answer came from him.