Pakorn Peetathawatchai, president of the Stock Exchange of Thailand
The Stock Exchange of Thailand (SET) has invested in ADDX, a Singapore-based digital securities service exchange platform, aiming to expand opportunities for the Thai capital market and glean expertise to support long-term development of the domestic digital asset market.
ADDX is licensed by the Monetary Authority of Singapore and has the largest market share in the country.
The SET is investing via ICHX Tech Pte Ltd, ADDX’s holding company.
By investing in ICHX’s pre-Series B funding round, the SET joins existing shareholders such as the investment holding company Singapore Exchange (SGX) and Temasek subsidiary Heliconia Capital Management Pte Ltd.
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