SDAX Brings Private Markets Alternative Investment Opportunities To Retail Investors

Singapore, 18 November 2024: In a bold step to give retail investors access to private market investments typically reserved for institutional or accredited investors, Singapore’s Digital Asset Exchange (“SDAX”), a leading private markets investment and trading platform comprising SDAX Capital Markets and SDAX Exchange regulated by the Monetary Authority of Singapore, has launched a new offering tailored for retail investors. As the country’s first licenced tokenised digital investment platform to offer commercial papers to retail investors, this launch signals a transformative shift in Singapore’s alternative investment landscape.

Since its inception, SDAX has facilitated over 1,000 transactions with a total listing volume surpassing S$1.5 billion, positioning itself as a key player in the private market ecosystem. This retail launch comes on the heels of SDAX’s recent US$50 million Series B2 fundraising round, led by Muscat Precious Metals Refining Company. This milestone is a part of its vision to democratise finance and open up new avenues for wealth creation that extend beyond traditional investments.

“This isn’t just a launch; it’s a commitment to breaking barriers in finance and to make investing truly democratised –by taking a product that was previously only available to institutional and accredited investors, and making it available to all retail investors,” said Rachel Chia, CEO of SDAX. “We believe in creating a landscape where the benefits of alternative investments are accessible to all, not just a select few. Financial inclusion and innovation are our driving principles and we’re proud to lead the change that brings these ideals to life.”

SDAX has raised over S$650 million in Commercial Papers from accredited investors to-date, securing one of the largest market share in Singapore. Building on this proven track record, SDAX debuts this retail launch with a 3-month SGD-denominated Commercial Paper issued by an SGX listed company, at an interest rate of 3.85% per annum. With a minimum investment of S$1,000 per token, this investment product requires only one token as the entry point, making this an easily accessible product for retail investors. The Commercial Paper is rated as a balanced-risk opportunity.

“We’re very encouraged by the positive response from our retail clients thus far,” Chia added. “This launch represents only the beginning of what we’re building. As we continue to expand our offerings, our goal is to deliver a curated suite of alternative investments, tailored specifically to retail investors within a secure and regulated framework that can meet the financial aspirations and needs of every investor who’s ready to see finance redefined.”

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About SDAX

Singapore’s Digital Asset Exchange (SDAX) is a MAS-regulated investment and trading platform serving institutional, accredited and retail investors. We provide access to fractionalised institutional-grade investment opportunities that have not previously been available to most investors. Our strength lies in private credit, real estate and impactful investment opportunities. SDAX partners with corporates, financial institutions and family offices to bring access to the underserved market.

At SDAX, we commit our expertise and technological know-how to unlock innovative investment opportunities to drive sustainable and impactful growth.

SDAX represents the merged entities of digital asset exchange Digiassets Exchange Singapore (SDAX) and fintech company, Minterest Holdings.

The merger and rebranding bring synergy for SDAX by combining capabilities to offer both a Digital Asset Exchange, regulated under its Recognised Market Operator (RMO) licence, and Capital Markets Services, regulated under its Capital Markets Services (CMS) licence.

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