GreenX is pleased to announce that it has signed a Memorandum of Understanding (“MOU”) with InvestaX, a well-known platform for trading and investing in security tokens that has a license from the Monetary Authority of Singapore.
In order to transact in securities and collective investment schemes, InvestaX is licensed under the Capital Markets Services License (“CMS”), the Recognized Market Operator License (“RMO”) to run an organized securities market, and the Exempt Financial Advisor license (“EFA”) to offer advise on units in collective investment schemes.
The partnership’s main goals will be to cross-market primary listing opportunities and offer secondary trading for security tokens or other digital assets on both Exchanges.
It is now possible for token issuers in various geographic locations to anticipate their tokens being identified and exchanged across various platforms and user segments.
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IX Swap, the world’s first decentralized exchange for security token offerings (“STO”) and real-world asset tokens (“RWA”), is also a key player in this partnership. With its automated market making services and vital liquidity pools, IX Swap successfully bridges the divide between decentralized finance (“DeFi”) and centralized finance (“CeFi”).
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Leading global STO infrastructure businesses come together through this merger, which is an essential infrastructure development for the STO industry.
“The collaboration with Singapore’s InvestaX and IX Swap is highly complementary in providing our respective clients a broader and deeper RWA listing and trading platform that covers both professional/accredited and retail investors in terms of geographical reach and community building,” said Philip Tam, CEO of GreenX. “We stride to establish a Global Alliance of licensed and regulated Security Token Exchanges – South Korea, Singapore, Indonesia, Malaysia, Europe and many more regulated regions. We can share our experience and facilitate the listing in the most favourable exchange for both issuers and users.”
About GreenX
Green-X, a subsidiary of Greenpro Capital Corp, operates a leading Shariah-compliant ESG Digital Asset Exchange certified by Labuan Financial Services Authority (LFSA), Malaysia.
About InvestaX
InvestaX is Asia’s leading licensed tokenization software-as-a-service (SaaS) platform, licensed by the Monetary Authority of Singapore with a CMSL and RMO License to trade Real World Asset Tokens (RWA) and Security Token Offerings (STO) for global offerings and investors.
