This week KLDX, a Malaysian digital assets platform, announced a partnership with Singapore’s AsiaNext. They plan to collaborate on cross border digital asset listings, liquidity sharing and joint product development. AsiaNext is a joint venture between Swiss stock exchange SIX and SBI Digital Asset Holdings.
The first offering of institution-focused AsiaNext is cryptocurrency derivatives, and it has applied for approval to run a spot crypto exchange. It has multiple Singapore licenses and has always planned to list digital securities. Meanwhile, KLDX focuses on private equity and debt in pre-IPO companies.
“Investors and issuers have ever-evolving needs and our collaboration will foster the co-development of innovative financial products tailored to them,” said Kok Kee Chong, Chief Executive Officer, AsiaNext. “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.”
Article continues …
Want the full story? Pro subscribers get complete articles, exclusive industry analysis, and early access to legislative updates that keep you ahead of the competition. Join the professionals who are choosing deeper insights over surface level news.
