KLDX, AsiaNext in cross-border listing deal

Quick Summary:

Kapital DX Sdn Bhd (KLDX) and Singapore-based Asia Digital Exchange Holdings Pte Ltd (AsiaNext) have signed a memorandum of understanding (MoU) aimed at facilitating cross-border listings, enhancing liquidity and developing innovative products for the digital assets market.

KLDX is one of the only two licensed Initial Exchange Offering operators in Malaysia, registered with the Securities Commission.

She also emphasised that the platform targets larger-scale fundraising efforts, particularly for companies aiming to raise between RM10mil and RM50mil, a space that has traditionally been challenging for businesses to secure funding.

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Article Details

Author / Journalist: KIRENNESH NAIR

Category: EconomyBusiness

Markets: MalaysiaSingapore

Topics: CrossBorderInvesting BlockchainTechnology PrivateMarkets InvestorAccess Corporate News /Business/Business News KLDX FractionalInvestments DigitalAssets AsiaNext

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-02 @ 00:00:00 (8 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 37 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 22843050

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 52 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 14 minutes ago

Coverage Areas: Malaysia

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News Language: English

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