MAS-Regulated Digital Asset Exchange SDAX Has Officially Launchedby Fintech News Singapore July 26, 2022
SDAX, an integrated digital investment and trading platform regulated by the Monetary Authority of Singapore (MAS), has officially launched.
The platform offers access to curated institutional-grade investments focusing on real estate and ESG to institutional, accredited and retail investors.
The launch follows its S$24 million Series B funding round in late 2021 from PSA International, Straits Trading Company, and New Horizon Global.
The digital investment platform provides accredited and retail investors, family offices and institutions with digital investments that are backed by real assets.
This is enabled through primary and secondary market mechanisms regulated by the MAS, with both Capital Markets Services (CMS) and Recognised Market Operator (RMO) licenses.
SDAX digital securities are high-quality private investment deals that are put through a rigorous due diligence process based on a sound financial control framework.
After tokenisation, they are then fractionalised on the SDAX exchange, opening a more diversified portfolio with accessible minimum investment amounts.
“Focusing on real estate, corporate finance and ESG, we offer a curated suite of high-quality investments sought after by institutions, accredited and retail investors.
We are also incorporating a risk-based ESG framework for projects that supports the initiative Financing the Transition to a Net-Zero Future (FTT). At SDAX, we are leading the way in the transformation of investment access with digital securities,”
said Raymond Poh, Chief Executive Officer of SDAX.
“SDAX is democratising investment opportunities for a larger pool of investors through purposeful financial innovation, generating wealth based on real assets.
We are evolving the investment industry by partnering with corporations and institutions to raise funds more efficiently, while strengthening the governance of such investment opportunities for the public market,”
said Khoo Boon Hui, Chairman, SDAX Exchange.