KLDX and AsiaNext Join Forces to Boost Digital Asset Markets in Southeast Asia

KLDX, a Malaysian digital asset platform, and AsiaNext, a Singapore-based digital asset exchange, have signed a Memorandum of Understanding (MOU) to collaborate on expanding access to digital asset markets across Southeast Asia.

The agreement, witnessed by Shivakumar Nair, Deputy High Commissioner of Singapore, will allow for cross-listing of digital assets between the two platforms, increasing liquidity and providing new opportunities for investors and issuers in Malaysia, Singapore, and the wider region.

This partnership aims to create a more integrated digital asset ecosystem by leveraging the strengths of both platforms.

KLDX and AsiaNext will work together to develop new products and services, improve market access, and attract a larger investor base.

“Our commitment is to provide a more liquid, transparent, and accessible market for digital assets, empowering businesses to raise capital efficiently while offering investors a broader range of high-quality investment products”

said Selvarany Rasiah, Chief Executive Officer, KLDX.

“Investors and issuers have ever-evolving needs and our collaboration will foster the co-development of innovative financial products tailored to them.

By working together, we can leverage our combined strengths to offer a wider range of digital assets, improve liquidity, and drive innovation in the digital finance space,”

said Kok Kee Chong, Chief Executive Officer, AsiaNext.

Featured image credit: Edited from Freepik