ECXX explained

ECXX
Type:Privately held company
Industry:Digital assets, Blockchain, Fintech
Founded:2018
Hq Location Country:Singapore
Area Served:Singapore, Global
Website:https://ecxx.com

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

History

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

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

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]

Notes and References

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

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