Tag "ADDX"

ADDX Sells Stake in Taiwan’s Web 3.0 Infrastructure Platform CYBAVO to Circle

Global private market exchange ADDX has sold its stake in Taiwanese Web 3.0 infrastructure platform CYBAVO to Circle, a global financial technology firm and issuer of USD Coin (USDC). ADDX was a pre-Series A investor in CYBAVO and held a

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ADDX Extends Pre-series B Round With US$20 Million Raise Led by Korea’s KB Securities

Global private market exchange ADDX announced that it has raised approximately US$20 million in an upsized Pre-Series B round led by KB Securities, a subsidiary of Korea’s KB Financial Group (KBFG). The round kicked off in May 2022 when ADDX

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BCG and ADDX Project Asset Tokenisation to Grow Into US$16 Trillion Opportunity by 2030

A new report by the Boston Consulting Group (BCG) and digital exchange ADDX forecasts that asset tokenization will expand into a US$16.1 trillion business opportunity by 2030. Asset tokenization refers to the creation of tokens on a blockchain to represent

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ADDX Launches Cash Management Tool With OCBC’s Lion Global Investors

Asian private market exchange ADDX has launched a cash management tool that allows investors with excess funds in their wallets to earn interest, instead of letting their cash sit idle while they decide on which private market product to take

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ADDX Partners China Construction Bank for China’s Offshore Investment Scheme

Private market exchange ADDX has partnered with the China Construction Bank (Chongqing and Singapore branches) to help domestic investors in China participate in the country’s official offshore investment scheme. Both entities signed a memorandum of understanding (MOU) to work together on

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ADDX Now Recognises Crypto Assets When Onboarding Accredited Investors

Private market exchange ADDX announced that it now recognises cryptocurrency assets for the purposes of onboarding accredited investors to pave the way for more individuals to qualify as one. They can thereby participate in more sophisticated investment opportunities in the

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ADDX Raises US$58 Million, Thai Stock Exchange and UOB Are Now Shareholders

Singapore Exchange-backed private market platform ADDX has raised US$58 million in a Pre-Series B funding round, bringing its total funds raised to around US$120 million. The fundraise saw several financial institutions come on board as new shareholders. This includes SET

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ADDX Appoints CEO to Pave the Way for US$1 Billion Ambitions by 2023

Singapore Exchange-backed private market platform ADDX announced that Oi-Yee Choo will be appointed its Chief Executive Officer. Choo joined ADDX as Chief Commercial Officer in January 2020, moving from UBS, where she was Head of Investment Banking for Singapore. With

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ADDX Launches Its First Crypto Offering by Listing Trovio’s Digital Asset Fund

Private market exchange ADDX has launched its first cryptocurrency product, with the listing of a digital asset fund by investment manager Trovio Capital Management (TCM). The fund aims to provide accredited investors with a reliable option for crypto investing and

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