Tag "ADDX"
CGS-CIMB’s High-Net-Worth Investors Now Have Access to All ADDX Products
Securities brokerage CGS-CIMB Singapore’s individual accredited investors will now have access to private market exchange ADDX’s offerings. These offerings include private equity, private credit, venture capital, hedge funds, real estate, fixed-income products like bonds and commercial papers, as well as
Read MoreADDX Fractionalises UOB and Temasek’s Venture Debt Fund to US$20,000
Global private market exchange ADDX announced that it has fractionalised a venture debt fund by Innoven Capital which is a joint venture between a Temasek Holdings‘ subsidiary Seviora and UOB. This move brings down the minimum subscription size for individual
Read MoreADDX 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
Read MoreADDX 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
Read MoreWeavInsight, FQX and Norbloc Win the MAS Global Fintech Hackcelerator 2022
FQX, norbloc and WeavInsight are the winners of the Global Fintech Hackcelerator 2022, organised by the Monetary Authority of Singapore (MAS) and Oliver Wyman. This year’s programme, which focuses on Web 3.0 and green finance, was designed based on problem
Read MoreFintech Companies Dominate LinkedIn’s Annual List of Top Startups in Singapore
Fintech startups dominated this year’s annual LinkedIn Top Startups list in Singapore as eight of them made it to the top 15 rankings. The startups that made it onto the list are Aspire (#1), Endowus (#4), Pace Enterprise (#5), ADDX
Read MoreBCG 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
Read MoreADDX 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
Read MoreADDX 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
Read MoreADDX 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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