Tuesday, October 15, 2024
HomeRecent ArticlesKLDX and AsiaNext Partners to Drive Growth in the Digital Asset Markets

KLDX and AsiaNext Partners to Drive Growth in the Digital Asset Markets

KLDX, a registered Initial Exchange Offering (IEO) operator with the Securities Commission, Malaysia and AsiaNext, a trusted global digital asset exchange tailored exclusively for institutions announces a strategic collaboration to drive regional cross-border innovation and growth in the digital asset markets

KLDX, a registered Initial Exchange Offering (IEO) operator with the Securities Commission, Malaysia and AsiaNext, a trusted global digital asset exchange tailored exclusively for institutions announces a strategic collaboration to drive regional cross-border innovation and growth in the digital asset markets

Read also – Oracle to Invest More Than US$6.5 Billion in AI and Cloud Computing in Malaysia

This landmark partnership, witnessed by Mr Shivakumar Nair, Deputy High Commissioner of Singapore, establishes a framework for collaboration that is set to drive a seamless and integrated digital asset ecosystem in the region.

Read also – Securities Commission Malaysia Unveils Three Initiatives To Spur Innovation

Through this game-changing MOU, we aim to enhance liquidity, create new regional opportunities for investors and issuers, and foster innovation in the financial sector.

“Our commitment is to provide a more liquid, transparent, and accessible market for digital assets, empowering businesses to raise capital efficiently while offering investors a broader range of high-quality investment products” said Selvarany Rasiah, Chief Executive Officer, KLDX.

The agreement, according to the announcement, intends to improve both platforms’ market presence and capabilities, providing access to a wider investor base and drawing in more issuers seeking to raise finance across different geographies. Transparency and security are given priority in this partnership, which guarantees compliance with all applicable rules and regulations, the statement stated.

An important turning point in the development of digital finance in Asia is this MOU. KLDX and AsiaNext will leverage cross-border liquidity to create new opportunities for investment and product innovation, as well as to enable deeper market access.

“Investors and issuers have ever-evolving needs and our collaboration will foster the co-development of innovative financial products tailored to them. By working together, we can leverage our combined strengths to offer a wider range of digital assets, improve liquidity, and drive innovation in the digital finance space,” said Kok Kee Chong, Chief Executive Officer, of AsiaNext.

About KLDX

KLDX is a registered Initial Exchange Offering (IEO) operator with the Securities Commission, Malaysia seeking to operate a multi-asset, digital fundraising platform. Built with the vision to be Malaysia’s leading dynamic and facilitative fundraising and investment hub, KLDX democratises access to the capital markets for issuers. It offers financial products in a regulated, fair and efficient marketplace for investors who are looking to diversify their portfolios with high-growth investments.

About AsiaNext

AsiaNext is an institution-only, global exchange for digital assets. A first-of-its-kind, it is a world-class platform for tokenising and trading a diverse range of securities and non-bankable assets. AsiaNext offers listing, trading, clearing, settlement and custody.

- Advertisement -
RELATED ARTICLES
- Advertisment -

Most Popular