RHT Capital has signed up to become a founding member of HG Exchange, together with Fundnel, Prime Partners and Philips Securities. HG Exchange will be a platform for the issuance and trading of private company shares and security tokens, and is awaiting approval from the Monetary Authority of Singapore.
With more and more private companies and startups delaying their IPOs, HG Exchange will provide the right solution for their shareholders to monetise their stakes. The Exchange will also cater to companies looking to issue STOs which is expected in the near future to become an important means of raising capital.
Sources: Read the full articles below:
The Business Times, 25 Jan: Consortium awaits MAS nod to test market for private company shares
The Business Times, 24 Jan: Philip Securities, PrimePartners, RHT Capital join startup Fundnel to test exchange for private investments
Finews.asia, 24 Jan: Southeast Asia’s first member-driven exchange platform to launch
TechinAsia, 24 Jan: Hg Exchange to launch blockchain-powered marketplace for startup shares
Coindesk, 24 Jan: New exchange claims it can tokenize shares of AirBnb, Uber, SpaceX
Security Token Network, 24 Jan: Singapore’s Hg Exchange for Security Tokens seeks approval
Irish Tech News, 24 Jan: Ziliqa and Maicoin to power first-of-its-kind private market exchange for Southeast Asia
The Crypto Updates, 24 Jan: Ziliqa and MaiCoin unveil Crypto security trading platform Hg Exchange
Ethereum World News, 24 Jan: Ziliqa (ZIL) and MaiCoin partner to power a new exchange tailored for STO
CryptoNinjas, 23 Jan: Ziliqa and MaiCoin to power new private market and STO exchange for Southeast Asia