ECXX is a cryptocurrency exchange based in Singapore. It was founded in 2018 for trading digital assets and securities.[1]

ECXX
Company typePrivately held company
IndustryDigital assets, Blockchain, Fintech
Founded2018
Headquarters
Area served
Singapore, Global
Websitehttps://ecxx.com

History

edit

In October 2019, ecxx integrated with Singapore's MyInfo for streamlined user identity verification, enhancing security and compliance for its users.[2]

In December 2020, ecxx.com announced a strategic collaboration with UOB-Kay Hian to offer securitized token offerings (STOs). This partnership aimed to enhance the offering of digitized securities and asset tokenization.[3][4]

In 2021, ecxx.com received significant recognition from the Monetary Authority of Singapore (MAS). The platform was granted a Recognized Market Operator (RMO) license, allowing it to operate as a regulated digital asset exchange.[5][6][7][8][9][10]

In 2023, ecxx.com raised significant funds to further develop its platform and expand its market presence.[11][12]

Partnerships and collaborations

edit

ecxx.com has established various partnerships to expand its services and enhance its platform. Notably, its collaboration with UOB Kay Hian has been instrumental in advancing the securitized token offerings market.[13]

In 2023, ecxx.com also announced a strategic partnership with Constreet Partners to advance asset tokenization and digitized securities.[14]

Regulatory compliance

edit

ecxx.com has been proactive in ensuring compliance with regulatory standards. The platform's RMO license from MAS is a testament to its commitment to operating within the legal framework and providing a secure trading environment for its users.[15]

References

edit
  1. ^ "Ecxx Global Pte Ltd". Bloomberg L.P. Retrieved 2024-07-10.
  2. ^ "Singapore's digital asset exchange ecxx.com integrates with MyInfo for user ID verification". e27. Retrieved 2024-07-10.
  3. ^ "ecxx and UOB Kay Hian collaborate to offer securitised token offerings". The Tokenizer. February 2021. Retrieved 2024-07-10.
  4. ^ "Singapore-based ecxx Global, a digital securities exchange, teams up with UOB Kay Hian to provide securitized token offerings". Crowdfund Insider. Retrieved 2024-07-10.
  5. ^ "Digital asset exchange ecxx gets MAS nod for digital assets". finews.asia. 11 January 2022. Retrieved 2024-07-10.
  6. ^ "ecxx secures RMO sandbox approval from MAS". Hedgeweek. Retrieved 2024-07-10.
  7. ^ "ecxx graduates from MAS Sandbox". Fintech News Singapore. 10 January 2022. Retrieved 2024-07-10.
  8. ^ "MAS grants RMO licence to digital asset platform ecxx". Regulation Asia. 17 January 2022. Retrieved 2024-07-10.
  9. ^ "Hatten Land's ecxx Global receives Recognized Market Operator license from MAS". The Edge Singapore. Retrieved 2024-07-10.
  10. ^ "ecxx secures RMO sandbox approval to launch asset-based digital securities exchange". Institutional Asset Manager. 5 August 2020. Retrieved 2024-07-10.
  11. ^ "Singapore Digital Assets Exchange ecxx.com raises significant funds". Yahoo News Singapore. Retrieved 2024-07-10.
  12. ^ "ecxx features 3 steps to withdraw". Yahoo Finance. 18 December 2019. Retrieved 2024-07-10.
  13. ^ "ecxx and UOB Kay Hian collaborate to offer STOs". IBS Intelligence. Retrieved 2024-07-10.
  14. ^ "Constreet Partners and ecxx announce strategic partnership in asset tokenization, digitized securities, and STO areas". Global Fintech Series. 17 December 2020. Retrieved 2024-07-10.
  15. ^ "Hatten Land's associate ecxx gets Recognized Market Operator status". The Business Times. 5 January 2022. Retrieved 2024-07-10.
edit