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Singapore tech firm to recognise cryptoassets

News Team, 09/06/2022

Private market exchange platform ADDX has become the first financial institution in Singapore to recognise cryptocurrency assets for the purposes of onboarding accredited investors.

As part of its process, ADDX will begin recognising Bitcoin, Ether, and USDC.

The move allows more individuals to qualify for accredited investor status. They can therefore participate in more sophisticated investment opportunities in private markets, including asset classes such as private equity and v...


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