Kenanga Investment Bank Berhad, a leading financial company in Malaysia, has dipped its toes into crypto through a new investment. The bank unveiled this news through a news release on February 8, noting that it made this investment through its fully-owned private equity arm dubbed Kenanga Private Equity Sdn Bhd. Reportedly, this deal saw the […]
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Singapore based ECXX Global, a Digital Securities Exchange, Teams Up with UOB Kay Hian to Provide Securitized Token Offerings
Singapore-based
ECXX Global, an asset-based digital securities exchange, has revealed that it will be working with regional brokerage
UOB Kay Hian in order to bring in deep tech startups to their network and give them the chance to list through Securitized Token Offerings (STOs) so that they can raise funds.
Through this partnership, ECXX Global and UOB Kay Hian will aim to facilitate tokenization projects and leverage UOB Kay Hian’s pool of investors so they can market and distribute security tokens to potential investors.
ECXX and UOB Kay Hian collaborate to offer STOs ibsintelligence.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ibsintelligence.com Daily Mail and Mail on Sunday newspapers.
Abaxx updates shareholders on first quarter activities in preparation for launch of the Abaxx Exchange
TORONTO, Jan. 27, 2021
Abaxx Technologies Inc., (ABXX:CN) (“Abaxx” or the “Company”), a financial software (fintech) company, majority shareholder of
Abaxx Singapore Pte. Ltd., the Abaxx Commodity Exchange (ACX), and producer of the
Smarter Markets Podcast, is updating shareholders on the progress of the company’s business plan and anticipated milestone road map for H1 – 2021.
Dear Shareholders,
Our primary business activities are proceeding according to plan and we are maintaining our timelines and preparedness to launch the Abaxx Exchange as early as Q2 – 2021; the first commercial phase in the Abaxx vision to advance Smarter Markets, where continuous improvements in software technology and better coordination and transparency of market activities can enable participants to advance the needs of both commodity markets specifically and society as a whole.
Interview
Singapore, the garden of innovation â exclusive interview with Varun Mittal Friday 22 January 2021 09:34 CET | Editor: Vlad Macovei | Interview
Varun Mittal, co-founder of
Singapore – The Fintech Nation, reveals what stands behind Singapore’s boom in fintech and regulation
What led to Singapore turning into such an attractive hub for the banking and fintech industry and what unique opportunities can be found here, in the context of further developments in Open Banking in Asia?
Singapore has what we call ‘kiasu’, meaning ‘fear of missing out’. Singaporeans want to recheck everything and be very cautious about not making any mistakes. But we have turned this ‘fear’ into a strength because, in a regulated industry, that ‘fear’ is a positive. Unlike social media apps, where an error leads to a reset, when it comes to fintech regulation you can’t just make a mistake. The acceptance of the law (or the rules) process is very important.