Hong Kong, 2024.11.07 – AGX, a digital exchange from Singapore and StegX, a German tokenization platform, have entered into a strategic collaboration, connecting two leading financial hubs: Singapore and Frankfurt. This partnership is a significant milestone in advancing tokenized financial products and real-world assets, enhancing the flow of capital and investment opportunities between Asia and Europe. By connecting these two key markets, institutional investors will now have greater access to cross-listed tokenized assets on both platforms, unlocking a wider range of global investment opportunities.
"This transcontinental collaboration creates a bridge between two of the most dynamic financial centres in the world," said Daniel Radwansky, CEO and Co-Founder of StegX. "Our partnership with AGX allows our clients to connect with investors in Singapore and across Asia, leveraging AGX’s digital exchange platform and ecosystem. By enhancing liquidity, accessibility, and efficiency, this collaboration empowers our clients to unlock new capital sources and accelerate their growth in tokenized markets on a global scale, all within a secure and compliant framework."
Mark Tang, VP of AGX, commented: "This partnership with StegX is pivotal in expanding cross-listing capabilities on our regulated platform. By facilitating near-instant settlement and trading of tokenized assets, AGX’s infrastructure ensures seamless access to cross-listed assets across multiple markets. This collaboration enhances market efficiency, transparency, and liquidity, while contributing to the growing ecosystem of tokenized financial products.
By linking Singapore and Frankfurt, AGX and StegX set a new standard for cross-border investments in tokenized assets. Investors in Europe can now tap into the dynamic growth of tokenized assets in Asia, while Asian investors gain access to global investment opportunities. As institutional markets continue to evolve toward digitization, investors from both regions can now streamline their portfolios and access new markets with greater ease.
Together, AGX and StegX are paving the way for the future of tokenized real-world assets on a global scale, driving growth, improving market access, and fostering a global ecosystem of tokenized capital markets that benefits issuers and investors alike.