ADDX closes $58 million pre-Series B financing

ADDX, a Singapore-based digital securities platform focusing on the use of blockchain technology to segment investments in privately held stocks, hedge funds, bonds and other asset classes, has received a digital securities offering from the Monetary Authority of Singapore (MAS). , custody and secondary trading licenses. Recently, it completed a pre-round B financing of US$58 million. This round of financing was invested by United Overseas Bank, SET Venture Holdings, a subsidiary of the Stock Exchange of Thailand, Hamilton Lane and Krungsri Finnovate. The funds will be used for company expansion and continued growth.

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