ADDX, a Singapore-based private market exchange platform, is planning to expand its operations to the Middle East and North Africa (MENA) region.
Through this expansion, ADDX will be able to expand access to capital for pre-IPO companies from financial institutions and investment funds locally and worldwide.
This could potentially result in new investment opportunities in high-growth companies across Asia while strengthening the economic link between Asia Pacific (APAC) and MENA economies.
ADDX is currently regulated by the Monetary Authority of Singapore for the issuance, custody and secondary trading of digital securities.
To date, ADDX has listed more than 80 deals on its platform and worked with blue-chip names such as Hamilton Lane, Partners Group, Investcorp, Singtel, UOB, CGS-CIMB, as well as Temasek-owned entities Mapletree, Azalea, SeaTown and Fullerton Fund Management.
Danny Toe, Founder and Group Chief Executive Officer of ADDX said,
“The ability to safely and securely open private markets to capital investment presents tremendous opportunities for governments and regulatory bodies to add to the financial infrastructure of the regions.
It offers the ability to strengthen the economic connection and flow of investment capital between key APAC and Middle Eastern markets while fostering the growth and expansion of strategically important MSMEs across the region.”
- SEO Powered Content & PR Distribution. Get Amplified Today.
- PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
- PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
- PlatoESG. Automotive / EVs, Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
- PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
- ChartPrime. Elevate your Trading Game with ChartPrime. Access Here.
- BlockOffsets. Modernizing Environmental Offset Ownership. Access Here.
- Source: https://fintechnews.sg/78127/blockchain/addx-set-to-expand-private-market-exchange-platform-to-mena-region/
- :has
- :is
- 11
- 150
- 7
- 80
- a
- ability
- Able
- access
- across
- add
- ADDX
- africa
- and
- APAC
- AS
- asia
- asia pacific
- Asia Pacific (APAC)
- authority
- BE
- between
- blue-chip
- bodies
- by
- capital
- caps
- CGS-CIMB
- chief
- Chief Executive
- chief executive officer
- Companies
- connection
- could
- Currently
- Custody
- Date
- Deals
- digital
- Digital Securities
- East
- eastern
- Economic
- economies
- entities
- exchange
- executive
- Executive Officer
- Expand
- expansion
- false
- financial
- financial infrastructure
- Financial institutions
- fintech
- flow
- For
- fostering
- founder
- friendly
- from
- Fullerton
- fund
- funds
- Governments
- Group
- Growth
- Hamilton
- Hamilton Lane
- high-growth
- HTTPS
- important
- in
- Infrastructure
- institutions
- Investcorp
- investment
- investment capital
- investment funds
- investment opportunities
- issuance
- ITS
- jpg
- Key
- Lane
- LINK
- Listed
- locally
- management
- Mapletree
- Market
- Market Exchange
- Markets
- MENA
- MENA region
- Middle
- Middle East
- more
- names
- New
- new investment
- North
- of
- Offers
- Officer
- on
- open
- Operations
- opportunities
- Pacific
- partners
- planning
- platform
- plato
- Plato Data Intelligence
- PlatoData
- potentially
- pre-IPO
- PRE-IPO Companies
- presents
- private
- private markets
- region
- regions
- regulated
- regulatory
- result
- return
- safely
- Said
- secondary
- securely
- Securities
- set
- Singapore
- Singtel
- Strategically
- Strengthen
- strengthening
- such
- Temasek-owned
- than
- The
- this
- to
- Trading
- tremendous
- UOB
- WELL
- while
- will
- window
- with
- worked
- worldwide
- zephyrnet