Post by account_disabled on Dec 27, 2023 11:08:37 GMT
iSTOX is a digital securities issuance platform. Depositing digital securities and the first fully integrated digital securities trading to be approved and licensed by a major regulatory authority. iSTOX, the capital market platform of the future An important milestone was set on February 1, 2020, on the occasion of iSTOX's certification from the FinTech Regulatory Sandbox of the Monetary Authority of Singapore (MAS). ICHX Tech Pte Ltd (ICHX), the Singapore-based company that operates the iSTOX platform, has been certified as a Recognized Market Operator (RMO) and licensed Capital Markets Services (CMS) by MAS, making iSTOX a capital markets platform. The first to use distributed ledger technology (DLT) to provide integrated services for issuing, depositing, and trading digital securities. It has been approved and licensed by the main regulatory authority. big step “This is an important milestone for iSTOX and the financial industry as a whole,” said Danny Toe, Founder and CEO of ICHX. “We started this journey just over two years ago. With a vision to improve the way we invest, today we have truly emerged as a 21st century financial institution.” “Even though the capital market has undergone many changes and innovations over the years, But the main basic infrastructure has not changed much.
since the advent of electronic trading more than a decade ago,” said Darius Liu, Chief Operating Officer of iSTOX. “We are proud to provide a platform that meets the needs of the market. Ready to strictly comply with the regulatory standards and licensing conditions set by MAS." Sopnendu Mohanty, Chief Financial Technology (Fintech) Officer at MAS, praised iSTOX's passing of the testing field, describing it as a success of the sandbox program. "We are pleased that our testing ground can help iSTOX validate that iSTOX's innovative technology can be used by real customers and in a safe way," he said. that shows Proper and proportional placement of requirements in the experimental field. It can support innovation and bring new benefits to consumers and the financial industry. We look forward to continuing to work with these innovators. to jointly create a smart financial center" Chew Sutat, Senior Managing Director and Head of Global WhatsApp Number List Sales & Origination at the Singapore Exchange (SGX), said: “Global capital markets are changing rapidly. And those who embrace innovation and create new standards will succeed first. Singapore has long been a global fintech hub. It is known for its innovative and innovative business environment. With this certification, iSTOX It will further elevate Singapore's position in the global capital markets space to the next level.” Moving forward in 2020 Qualifying from the MAS trial means there are now no restrictions on iSTOX, including issuance size and the number of investors on the platform. “We are very excited to pass the test track. Because it allows us to open for full operation.
Ready to move forward with full power," said Choo Oi Yee, Chief Commercial Officer. "In addition to opening registration for non-retail investors and institutional investors, We are working hard to launch many more exciting asset classes.” iSTOX will propel the private capital market into the 21st century by leveraging the power of smart contracts and DLT technology to streamline the securities issuance and trading process. iSTOX will help buyers and sellers connect. and can contact each other to conduct transactions directly By removing barriers that previously prevented many quality investors from accessing investment opportunities in the private capital market as in the past. Compared to traditional trading channels, iSTOX is a more flexible, accessible and comprehensive alternative. It also presents new investment options. which was not accessible before ICHX's key investors include Singapore Exchange Limited (SGX), Asia's leading multi-asset exchange and exchange, and Heliconia, a subsidiary of Temasek Holdings that focuses on investing in companies. is growing rapidly It also includes Japan's Tokai Tokyo Financial Holdings (through its subsidiary Tokai Tokyo Global Investments), Thailand's Kiatnakin Phatra Financial Group. and South Korea's Hanhwa Asset Management Company. To strengthen the digital securities ecosystem, iSTOX has also partnered with law firms Allen & Overy, Allen & Gledhill, Rajah & Tann and Dentons Rodyk, and corporate credit advisory firms SAC Capital and RHT Capital. as well as professional services firm PwC Singapore and audit firm Deloitte. Important events: September 2018: Singapore Stock Exchange Asia's leading multi-asset marketplace, and Heliconia, a Temasek Holdings company focused on investing in fast-growing companies. Agree to invest with ICHX as an investor May 2019: ICHX received approval from
since the advent of electronic trading more than a decade ago,” said Darius Liu, Chief Operating Officer of iSTOX. “We are proud to provide a platform that meets the needs of the market. Ready to strictly comply with the regulatory standards and licensing conditions set by MAS." Sopnendu Mohanty, Chief Financial Technology (Fintech) Officer at MAS, praised iSTOX's passing of the testing field, describing it as a success of the sandbox program. "We are pleased that our testing ground can help iSTOX validate that iSTOX's innovative technology can be used by real customers and in a safe way," he said. that shows Proper and proportional placement of requirements in the experimental field. It can support innovation and bring new benefits to consumers and the financial industry. We look forward to continuing to work with these innovators. to jointly create a smart financial center" Chew Sutat, Senior Managing Director and Head of Global WhatsApp Number List Sales & Origination at the Singapore Exchange (SGX), said: “Global capital markets are changing rapidly. And those who embrace innovation and create new standards will succeed first. Singapore has long been a global fintech hub. It is known for its innovative and innovative business environment. With this certification, iSTOX It will further elevate Singapore's position in the global capital markets space to the next level.” Moving forward in 2020 Qualifying from the MAS trial means there are now no restrictions on iSTOX, including issuance size and the number of investors on the platform. “We are very excited to pass the test track. Because it allows us to open for full operation.
Ready to move forward with full power," said Choo Oi Yee, Chief Commercial Officer. "In addition to opening registration for non-retail investors and institutional investors, We are working hard to launch many more exciting asset classes.” iSTOX will propel the private capital market into the 21st century by leveraging the power of smart contracts and DLT technology to streamline the securities issuance and trading process. iSTOX will help buyers and sellers connect. and can contact each other to conduct transactions directly By removing barriers that previously prevented many quality investors from accessing investment opportunities in the private capital market as in the past. Compared to traditional trading channels, iSTOX is a more flexible, accessible and comprehensive alternative. It also presents new investment options. which was not accessible before ICHX's key investors include Singapore Exchange Limited (SGX), Asia's leading multi-asset exchange and exchange, and Heliconia, a subsidiary of Temasek Holdings that focuses on investing in companies. is growing rapidly It also includes Japan's Tokai Tokyo Financial Holdings (through its subsidiary Tokai Tokyo Global Investments), Thailand's Kiatnakin Phatra Financial Group. and South Korea's Hanhwa Asset Management Company. To strengthen the digital securities ecosystem, iSTOX has also partnered with law firms Allen & Overy, Allen & Gledhill, Rajah & Tann and Dentons Rodyk, and corporate credit advisory firms SAC Capital and RHT Capital. as well as professional services firm PwC Singapore and audit firm Deloitte. Important events: September 2018: Singapore Stock Exchange Asia's leading multi-asset marketplace, and Heliconia, a Temasek Holdings company focused on investing in fast-growing companies. Agree to invest with ICHX as an investor May 2019: ICHX received approval from