ADDX is first Singapore financial institution to recognise crypto assets of accredited investors
Amid rising crypto ownership, the move expands the universe of individuals who can invest in private market products SINGAPORE, 8 JUNE 2022 – Private market exchange ADDX has become the first financial institution in Singapore to recognise cryptocurrency assets for the purposes of onboarding accredited investors. The move opens the way for more individuals to qualify for accredited investor status. They can thereby participate in more sophisticated investment opportunities in the private markets, which tend to be more resilient in times of market volatility. These include asset classes such as