SINGAPORE, Oct. 25, 2022 /PRNewswire/ HeveaConnect Pte Ltd ("HC") today announced its corporate name change to Agridence Pte Ltd ("Agridence"). Agridenceis the holding company that owns all the proprietary technology needed to operate the agri-commodity trading platforms and products.Founded in 2018, Agridence has built a digital trading platform for physical natural rubber trading with more than 600,000 metric tonnes ("mT") traded since 2019. Its customer base includes the world's top tyre makers, rubber producers and traders. Fueled by a recent round of Series A funding, Agridence plans to enter different agri-commodity verticals other than natural rubber. To cater for the expansion, Agridence has incorporated a wholly owned subsidiary, Agridence Rubber Pte Ltd ("ARPL"), to tailor to the specific needs of the natural rubber industry. All existing rubber-related products will be transferred from Agridence to ARPL. To address the industry c