INTERNATIONAL: SET Invests in Singapore Based End-to-End Digital Securities

Tuesday May 24 2022

On 24^th May 2022, the Stock Exchange of Thailand (SET) has entered a digital asset venture by investing in ADDX platform, a end-to-end digital securities platform licensed by Monetary Authority of Singapore (MAS).

The investment is to gain knowledge from and share experience with experts to advance the Thai digital asset market and expand business of market participants in the capital market for mutual growth.

With the investment, SET is entitled to appoint a representative for ICHX’s board seat. This also opens a great opportunity to develop new financial products to serve the needs of investors and relevant parties in the capital market and it can study the practice guidelines of international regulators in order to shape Thai Digital Assets Exchange (TDX) set to be launched in the third quarter of this year.

SET expects that this cooperation will be an instrumental in modernizing and internationalizing the Thai digital asset market to attract global investors.

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