THE Cagayan Economic Zone Authority (CEZA) expects to secure investments worth at least $3 million (P160.38 million) after issuing provisional licenses to three cryptoexchanges in the ecozone.

During the formal awarding of these licenses in Pasay City on Tuesday, Raymundo T. Roquero, CEZA deputy administrator for planning, business development and planning, said two of the exchanges were from Hong Kong and the third from Thailand.