Hg Exchange Brings KILDE on Board as Its Fourth Member Firmby Fintech News Singapore October 19, 2021
KILDE, a Singaporean alternative investment platform licensed by the Monetary Authority of Singapore will join Hg Exchange (HGX) as its fourth member firm.
HGX is a member-driven exchange to support the issuance and trading of private company shares, including security tokens.
The addition of a new member firm is another milestone for HGX, which earlier this year was granted a Recognised Market Operator license, and appointed Phillips Securities as a designated market maker.
Current HGX Member Firms include Southeast Asian brokerage Phillip Securities, corporate finance firm PrimePartners Corporate Finance, and private investment technology platform Fundnel.
Willie Chang, CEO of HGX, stated,
“The addition of KILDE will further boost HGX’s liquidity, investor base, and product diversity. KILDE’s clients can now access HGX products, including equities in private companies and tokenized luxury goods.
Additionally, we look forward to working with KILDE to launch debt products, further expanding HGX product offerings.”
Radek Jezbera, Co-Founder and Co-CEO of KILDE added,
“Membership at HGX, in the first place, benefits clients of all the Member Firms. KILDE’s clients get access to a broader range of investment opportunities while our income products will enhance the products on HGX.
Our team is looking forward to working with Willie Chang and the Member Firms to build a strong member-driven exchange platform.”