Hg Exchange

Singapore Heritas Capital Fund II

Binance Asia Services invests in Singapore private securities exchange HG Exchange

Binance Asia Services, the blockchain ecosystem and cryptocurrency provider behind Binance Singapore, announced its post-money stake of 18 percent in Singapore private securities exchange Hg Exchange (HGX). Through this investment, Binance Singpoare seeks to work with HGX in enhancing offerings of products and services supported by blockchain technology.

Private exchanges give investors a choice on product fit, investment goals, and risk tolerance, says Willie Chang of HGX [Q&A]

With this RMO license, HGX can now fully operate as Asia’s first member-driven private exchange to support the issuance and trading of both digital and non-digital capital market products.