Tagged: addx

ADDX to Extend Its Blockchain-Enabled Investment Platform to GCC, MENA Regions

ADDX, the Singapore-based private market exchange, revealed plans to venture into the Gulf Cooperation Council (GCC) and Middle East/North Africa (MENA) regions. This strategic move aims to enhance the efficient allocation of growth capital and bridge the existing gap between private entities in need of… Read More

ADDX Appoints Former SGX Exec as New Chairman

Digital securities marketplace ADDX has appointed former Singapore Exchange (SGX) Managing Director Chew Sutat as its new Chairman. According to a note from the company, Sutat has Chaired the listing committee of ADDX since 2019. SGX is a shareholder in ADDX. ADDX Pte Ltd took… Read More

Digital Securities Exchange ADDX Lists Hedge Fund Asia Genesis

Digital securities exchange ADDX has listed another alternative asset on its marketplace. The most recent offering is for the hedge fund Asia Genesis. According to ADDX, Asia Genesis is an Asia-focused macro hedge fund that aims to provide both capital preservation and positive annual compounding…. Read More

The Biggest Crowdfunding Stories of 2022

Goodbye 2022, and hello 2023. The past year was a tough one for many people – a terrible year for the economy with multi-decade high inflation and interest rates chasing it in an attempt to crush rising prices. All markets were impacted, including public markets,… Read More

ADDX Partners with Securities brokerage CGS-CIMB to Offer Access to Private Securities

Securities brokerage CGS-CIMB Singapore has enabled access to ADDX, a digital securities private market. Accredited investors may now access ADDX offerings on CGS-CIMB. Previously, CGS-CIMB mainly offered traditional securities. ADDX offers access to its listed deals via a plugin to simplify integration.  CGS-CIMB was one… Read More

Digital Securities: ADDX Tokenizes Venture Debt, Lists on Exchange

ADDX has announced another digital security available for investors on its digital asset exchange. The most recent security is a venture debt offering by Innoven Capital – a JV between Seviora (a Temasek subsidiary) and UOB. The $50 million fund combines a fixed return as… Read More

Circle Completes Purchase of Digital Asset Firm CYBAVO, ADDX Sells Stake

CYBAVO, a Taiwan-based “infrastructure-as-a-service platform” enabling digital asset custody tech and security services to firms like cryptocurrency exchanges, NFT marketplaces, cryptocurrency wallet providers, and Fintech service providers, has been acquired by Circle. The purchase was completed during Q3 2022 but was previously announced this past… Read More

KBFG, Korea’s Largest Banking Group, Invests in Digital Securities Exchange ADDX

ADDX, a Singapore-regulated digital assets exchange for private securities, has received an additional $20 million in new capital as part of a “pre-Series B” funding round. The money came from both existing and new investors – notably, Korea’s largest banking group – KB Financial Group… Read More

Digital Securities Exchange ADDX Tokenizes Wine Portfolio

ADDX, a Singapore-based digital securities exchange, has “tokenized” a portfolio of wine from top vineyards in Burgundy, France, providing a keen example as to how distributed ledger technology can be utilized to turn different products into digital assets. According to ADDX, the estimated worth of… Read More

Digital Assets: Tokenization Predicted to Hit $16 Trillion by 2030

Tokenization, the process of making an asset digital typically by leveraging blockchain technology, is predicted to hit $16 trillion by 2030, according to a report by ADDX and Boston Consulting Group (BCG). The report, “Relevance of on-chain asset tokenization in ‘crypto winter’” is available here…. Read More

Digital Securities Marketplace ADDX Lists Private Credit Fund

Digital securities marketplace ADDX has listed a private credit fund managed by Helicap Investments. Helicap Fund I is the flagship fund of the company and it is designed to promote financial inclusion in South East Asia, according to a company statement. The Fund aims to… Read More

ADDX, China Construction Bank to Partner on Chinese Offshore Investments

China Construction Bank (Chongqing and Singapore branches) and ADDX have entered a partnership “to help domestic investors in China participate in the country’s official offshore investment scheme.” The financial institutions announced the signing of a memorandum of understanding (MOU) that “paves the way for them… Read More

Digital Asset Exchange ADDX Now Accepts Crypto for Onboarding Investors: Signal’s Crypto’s Move to Mainstream

ADDX, a Singapore-based digital asset exchange that is regulated by the Monetary Authority of Singapore (MAS), says it will now accept cryptocurrencies to onboard its customers describing the feature as signaling crypto as “an asset class for the mainstream.” ADDX accepts investors globally but requires… Read More

Digital Securities Exchange ADDX Raises $58 Million

Digital securities marketplace ADDX has raised USD $58 million in a “pre-Series B” round. The additional funding brings the total raised since inception to $120 million. New shareholders in ADDX include SET Venture Holding – part of the Stock Exchange of Thailand, UOB, Hamilton Lane… Read More

Digitial Securities Marketplace ADDX Tokenizes PE Fund of Funds

ADDX, licensed by the Monetary Authority of Singapore (MAS) to facilitate the issuance and trading of digital securities, will list a private equity fund of funds on its marketplace. ADDX has partnered with Fullerton Fund Management, an Asia-based investment specialist, to offer the Fullerton Optimised… Read More

Digital Securities: Singtel, UOB and ADDX Price Singapore’s Largest Foreign Currency Digital Bond

ADDX, a full-service capital markets platform with Monetary Authority of Singapore (MAS) licenses for the issuance, custody, and secondary trading of digital securities, along with Singtel and UOB have priced Singapore’s largest foreign currency digital bond, to date. Digital bonds, or tokenised bonds, are issued… Read More

Digital Securities: ADDX Introduces Private Market Services for Wealth Managers

Wealth managers may now introduce more of their end-investors to the world of private investments via a newly-launched institutional service on digital securities exchange ADDX. Corporate treasuries and family offices may also “take part in the space via a corporate service to diversify their portfolios… Read More

Private Markets Investment Firm Hamilton Lane, ADDX To Provide Tokenized Access to Private Assets Fund

Private markets investment firm Hamilton Lane (NASDAQ: HLNE) has teamed up with digital securities exchange ADDX in order to tokenize a class of shares “issued by Hamilton Lane Global Private Assets Fund, to enable access to the private markets for a broader set of investors… Read More

ADDX Promotes Choo to CEO, Predicts $1B Transactions by 2023

Singapore Exchange-backed private market platform ADDX recently announced Oi-Yee Choo will be appointed its CEO, subject to the Monetary Authority of Singapore’s (MAS) approval. ADDX was founded in 2017 and began full commercial operations in 2020 after becoming one of the first digital securities exchanges… Read More

ADDX-Listed Logistics Real Estate Fund Sells for €520 Million

A European logistics real estate fund managed by the Singapore-regulated Elite Partners Capital has completed a €520-million sale of its entire portfolio to a fund managed by the US private equity firm Blackstone Group. Launched in early 2020, Elite Logistics Fund I is a two-year,… Read More

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