Real Access.
Real Value.
Our Story
2016
- Established Minterest Pte Ltd
2017
- Seed funding and launching of digital investment platform
2018
- Nominated as one of the Best Small Companies to Watch by The Silicon RevIew
2019
- Winner of the Dun & Bradstreet Business Eminence Awards 2019 for business excellence
2020
- Strategic investment from ARA Asset Management and John Lim
- S$8M SME Help Fund was launched to support COVID-19 affected businesses
- Completed S$35m real estate deal
- Top 50 Rising Startups in Southeast Asia 2020
2021
- Obtained Recognised Market Operator License from MAS to operate digital asset exchange
- Formation of SDAX Financial
via merger with Digiassets Exchange - Launch of SDAX Exchange for listing and trading of tokenised asset-backed digital securities
- Strategic investment from The Straits Trading Company
2022
- Minterest rebranded as SDAX Capital Markets
- Exceeded $300m asset listing on SDAX Exchange
2023
- Raised over $500 million on SDAX Platform
- SDAX launched the first digital native issuance with Artory/Winston and Apex Group
- Signed with 20+ partners to expand digital asset ecosystem
2024
- Completed USD$50M Series B2 round with Muscat Precious Metals Refining Company
- Exceeded $1 billion listings on SDAX Platform
- Launch of SDAX Mobile App
- Joined the Hyperledger Foundation
Our Team
Get to know the management team leading the charge
Rachel Chia
Chief Executive Officer
Melwyn Dias
Steven Yeo
Tan Bee Lay
Chief Sustainability Officer
Elaine Foo
Jezel Aw
Head of Operations
SDAX Exchange Board of Directors
Paul Khoo Boon Hui was the Singapore Police Commissioner from 1997 to 2010 and INTERPOL President from 2008 to 2012. Upon his retirement from the Ministry of Home Affairs as its Senior Deputy Secretary in January 2015, he was appointed as a Senior Fellow. He is an Advisor to INTERPOL, and holds advisory and board positions in Banking, Healthcare, Security, Cybersecurity, Defence, Casino Regulation, and Philanthropy.
His role as Chairman and Independent Director of SDAX is to exercise objective and independent judgement on the business, corporate affairs and governance standards of SDAX, taking into consideration interests of participants and issuers on the Exchange.
He specialises on regulatory issues, complex corporate finance and project finance transactions, corporate governance and board matters, and reputational management matters for corporate leaders and major corporates. He has been frequently recognised as a leading practitioner in reputable publications such as IFLR1000 and Legal 500 Asia Pacific.
Thomas is an exchange architect with a combined 30 years of experience across US and Asian Exchange and Regulatory frameworks, with a focus on the development of Exchange traded Cleared Futures and OTC products.
His experience in exchange architecture and strategic development includes: West Texas Intermediate Petroleum Advisory Board, LPG product development and trading; Chairman Natural Gas Advisory, launched Henry Hub contract 1991, LNG, LPG product development and trading traded as market maker and was Ring Chairman; BitGold, early adopter of the platform for purchase and payments based on physical gold holdings.
His role as Independent Director of SDAX is to provide strategic advice and guidance on the operations of an exchange.
Mr Soh Gim Teik advises corporations through his firm, Finix Corporate Advisory LLP, and has many years of experience in corporate advisory governance, finance and general management. He was previously an executive director and CFO of a listed company and has broad boardroom experience in the region. Besides being an independent director in a number of public and government-owned companies, he is also active in a number of other charitable and nonprofit organisations.
His role as Independent Director of the SDAX is to provide guidance on audit matters and governance matters of SDAX and its exchange.
Thomas Kupfer has been Switzerland’s Ambassador to Singapore from 2012 to 2018. He joined the Diplomatic Service of the Swiss Foreign Ministry in 1983. Since then, he has held different positions both in headquarters Bern and overseas, including Embassy in Washington, DC (1984), Mission to the European Union in Brussels (1991) and Embassy in Rome (1995). He served as Ambassador for Humanitarian Affairs based in Geneva (2000-2001), Ambassador to Colombia (2004-2008) and Ambassador to the Republic of Korea (2008-2012). He was also the Deputy Director General of Africa & Middle East (2001-2003) and Secretary General of the XXVIII International Conference of the Red Cross and Red Crescent in Geneva (2003).
The 35-year veteran of the diplomatic corps completed his law studies at the University of Zurich in 1978 and obtained a license as an attorney for the Bar of Zurich in 1981.
Ee Rong is a seasoned business leader and actively holds several independent board roles. She is currently a Senior Advisor with Rainmaking Innovation, a ventures development firm regionally headquartered in Singapore, focused on partnering with global companies to build, grow and accelerate businesses through entrepreneurship and innovation.
Her board portfolio includes an Independent Non-Executive Director role with Jollibee Foods Corporation) and Board Director with Certis Group. She is concurrently Vice-Chair of the Singapore Business Federation and the National Volunteer and Philanthropy Centre.
Her previous executive roles include leadership positions with listed healthcare group – Raffles Medical Group as Deputy Managing Director, leading commercial transformation. Prior to this, she spent eighteen years with global integrated marketing agency – Ogilvy & Mather, across the region building global brands and businesses through various stages of growth.
SDAX Financial Group Board of Directors
Nick serves as a senior advisor at SquirePattonBoggs and as a special advisor to the BP Chief Representative in Abu Dhabi, offering expert guidance on various initiatives related to the UAE and the Gulf Cooperation Council (GCC) states. His connection to the Emirates dates back to his childhood, when his father, a British Army officer, was stationed in the UAE with the Trucial Oman Scouts.
Early in his career, Nick managed His Highness Sheikh Zayed’s Royal Stud Farm before attending the Royal Military Academy Sandhurst, where he was commissioned as an officer in the Brigade of Goorkhas.
Following his service in the British Army, Nick returned to the UAE where he built a 40-year career, taking on senior leadership roles at two major multinational companies, focusing on government relations, client engagement, and ESG (Environmental, Social, and Governance) initiatives.
In addition to his advisory roles, Nick is the chairman of the British Chamber of Commerce Abu Dhabi and serves on the advisory board for Sightsavers in the Middle East. He also chairs the Middle East Advisory Board of the Energy Industries Council and co-chairs the Energy Working Group of the UAE-UK Business Council. In 2013, he was awarded an MBE by Her Majesty The Queen in recognition of his contributions.
Nick recently published Early Days in the Emirates, a memoir reflecting on his formative years in the UAE.
Anand is a second-generation entrepreneur with nearly two decades of experience in the jewellery industry. He is a seasoned professional in strategic initiatives and holds directorial and shareholder roles in various jewellery and bullion enterprises.
He is credited with envisioning and executing a successful bullion trading business, expanding its presence across the Middle East, Far East Asia, and India. Driven by a passion for digital technology, Anand has successfully spearheaded the launch of FinTech ventures in the jewellery sector, including GoldCityMall, GoldMine kiosks, BeSpoke Solutions, Gold Experience Center, and AIPM.
With a background in engineering, Anand is also a recognized speaker on topics related to precious metals and Bullion FinTech, having presented at global industry events.
Rachel Chia currently leads SDAX as CEO. She is an accomplished professional who has more than 20 years of experience in various industries including investment banking, fintech and legal. Having attained US and UK attorney qualifications from prestigious institutions such as University of Chicago Law School and London School of Economics and Political Science, she has held positions at leading international law firms and investment banking groups such as Clifford Chance, Latham & Watkins and Bank of America Merrill Lynch. She has also prior experience with fintech and blockchain projects, including a ground-breaking fine art blockchain project, and a stablecoin.
As the Chief Commercial Officer at SDAX, Melwyn brings a wealth of expertise and knowledge to the business.
A storied Banker over 35 years in the banking industry, he is a seasoned professional with a rich and diverse skills set and experience spanning Retail Banking, Investment Banking, Private Banking and the Family Office space, across Southeast Asia, the Middle East, and the Indian subcontinent.
Besides being a Top of the Class Private Banker, with a deep understanding of client needs, and a proven record of delivering optimal solutions across all wealth life stages, he has been recognized for building and mentoring high-performing teams and developing scalable businesses within the private wealth space.
He holds a Bachelor’s degree in Electronics Engineering, a Master’s in Management Studies from Bombay University, and a degree in Leadership Management from IMD Lausanne. Additionally, Melwyn serves as a visiting professor in Private Banking & Alternative Investments for the Masters of International Finance (MIF) program at the French university ESSEC.
Azman Jaafar is the Managing Partner and one of the founding members of RHTLaw Asia LLP, a regional law firm with its ASEAN Plus Group network offices across Asia and beyond. He is also the Chairman of ASEAN Plus Group and he also heads the firm’s Indonesia practice group and he is a strong advocate of change and transformation.
The mainstay of his law practice is in the areas of mergers and acquisitions, and corporate finance; although his chief preoccupation today is the management of the law firm, the deployment of technology within the firm, its transformation, and collaboration across the firm’s regional network, together with its multidisciplinary professional service offerings under ONERHT.
He is an ad hoc tutor and lecturer at the National University of Singapore Law Faculty’s Legal Case Studies programme and is also a regular speaker at seminars on mergers and acquisitions, initial public offerings and regulatory compliance in Singapore.
Azman was awarded a Public Service Medal (Pingat Bakti Masyarakat, PBM) by the President of the Republic of Singapore in 2007 in recognition of his voluntary work as a councillor with Northeast Community Development Council since 1997. Having served under three different administrations, he has also worked in and chaired several standing committees within Council. He was also awarded the Long Service Award from Northeast Community Development Council.
Azman was the Chairman of the Executive Committee of SAFRA Jurong Clubhouse and member of the Management Committee of SAFRA. He remains a volunteer in SAFRA. He was also Chairman of the Tanjong Katong Girls School Advisory Committee and he was a member of the Board of Trustees of Industrial & Services Co-operative Society Ltd (“ISCOS”). He is also a serving member of the Management Committee for Home United Football Club (“HUFC”).
James is the Vice President of Portfolio Management at The Straits Trading Company Limited since 2015. He is responsible for oversight of the portfolio companies’ performances, as well as the development of strategies to improve performance.
Prior to Straits Trading Company, he has held positions in Ascendas and Titan Capital, with responsibility for capital markets, transaction management and deals structuring.
James holds a Bachelor of Engineering (Electrical Engineering) (First Class Honours) from National University of Singapore. He is a CFA charter holder.
Eddy Ng is PSA’s Head of Group Commercial & Supply Chain Sustainability Solutions. He sits on the Senior Management Council of PSA International.
Eddy steers the PSA Group’s commercial strategies in support of its activities and relationships with key global shipping lines, as well as develop PSA supply chain solutions with stakeholders to further PSA decarbonisation efforts in maritime and supply chain production systems. In addition, Eddy has a leadership role in Group Process Excellence, with a focus on strengthening and cascading PSA’s technology roadmap and digital developments in PSA projects globally.
Eddy holds directorship positions in Vopak Terminal Singapore Pte Ltd and MSC-PSA Asia Terminal Pte Ltd. In recognition of his contributions that span over two decades in PSA, Eddy was conferred the PSA Global Champions Award in 2017. Eddy graduated with a Bachelor of Arts with Merit from the National University of Singapore.
Mr Ivan Koh has more than 20 years of experience in the real estate sector covering property management, centre management, marketing & leasing, asset and investment management, and project development management in Singapore, China and India.
Prior to joining APM Property Management, Ivan was CEO of Perennial Real Estate, China. His portfolio comprised over 5.5 million sqm of developments including six operational assets, six projects under development and healthcare assets in first-tier cities and major provincial cities. Ivan previously held various positions including COO (Retail) at DLF International Holdings Pte Ltd in New Delhi and Regional General Manager of West China and General Manager of North China at CapitaLand Retail Limited (renamed CapitaLand Mall Asia Limited).
Ivan holds a Bachelor of Science in Management (Honours) from the University of London, UK.
Global Ecosystem of Shareholders
Muscat Precious Metals Refining Company LLC (MPMR) is incorporated in the Sultanate of Oman and specialises in the smelting, refining, testing, trading and minting of precious metals such as gold, silver, platinum and palladium.
The largest real estate asset manager in APAC and the third largest listed real estate investment manager globally, with US$156 billion in gross assets under management.
Singapore’s leading port group with a global network encompassing 160 locations in 42 countries around the world.
ONERHT is an integrated multidisciplinary platform of professional and specialist services encompassing legal, business consultancy, corporate & digital finance, digital solutions, and wealth & asset management.
The Straits Trading Company Limited is a conglomerate-investment company with operations and financial interests in resources, property, and hospitality.