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Leading fintech group SDAX Financial raises $24 million to accelerate growth with new strategic partners

Leading fintech group SDAX Financial raises $24 million to accelerate growth with new strategic partners

Singapore, 21 December 2021 – SDAX Financial Pte Ltd (“SDAX Financial” or the “Group”) is pleased to announce it has raised $24 million in the

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SDAX is a digital assets exchange for the listing and trading of security tokens and other asset-backed digital securities. Via a blockchain powered institutional-grade platform, we connect institutions and accredited investors to asset owners and businesses; while enabling investors an easier access to high-value, hard to trade assets. Based in Singapore, SDAX is licensed by the Monetary Authority of Singapore (MAS). 

We’ve seen a bit of a recovery in GBPJPY over the last couple of weeks as risk appetite has rebounded in the markets. But how much further can it run?

The Canadian dollar continues to struggle. In the North American session, USD/CAD has broken above the 1.29 level for the first time since August. The Canadian dollar has not recorded a winning day since December 7th.

The euro is showing limited movement on Wednesday. In the European session, EUR/USD is trading at 1.1274, up 0.14% on the day.

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Leading fintech group SDAX Financial raises $24 million to accelerate growth with new strategic partners

Leading fintech group SDAX Financial raises $24 million to accelerate growth with new strategic partners

Singapore, 21 December 2021 – SDAX Financial Pte Ltd (“SDAX Financial” or the “Group”) is pleased to announce it has

Why Own a NFT Art?

Why Own a NFT Art?

Fancy buying a piece of art for millions but not being able to hold on to it because it exists

Enter the world of NFT

Enter the world of NFT

In March 2021, a work by American artist Beeple sold for close to $70 million at Christie’s. This would not

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“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” – Franklin D. Roosevelt, U.S. president

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SDAX is a digital assets exchange for the listing and trading of security tokens and other asset-backed digital securities. Via a blockchain powered institutional-grade platform, we connect institutions and accredited investors to asset owners and businesses; while enabling investors an easier access to high-value, hard to trade assets. Based in Singapore, SDAX is licensed by the Monetary Authority of Singapore (MAS). 

SDAX is a digital assets exchange for the listing and trading of security tokens and other asset-backed digital securities. Via a blockchain powered institutional-grade platform, we connect institutions and accredited investors to asset owners and businesses; while enabling investors an easier access to high-value, hard to trade assets. Based in Singapore, SDAX is licensed by the Monetary Authority of Singapore (MAS). 

SDAX is regulated by the Monetary Authority of Singapore (MAS) and held to some of the highest regulatory standards in the world. All clients’ funds are held in a segregated account with trusted banks in Singapore.

Blockchain is a form of electronic ledger that records information and transactions of digital assets in blocks of data that are attached together in an order. These blocks of data are secured using complex cryptographic hashing. 

Before being added to the electronic ledger, each new asset transaction is verified by a network of computers, or nodes. A consensus decision must be made by the network to validate the transaction. Once a transaction is consensus-verified, it is added to a block of data, and the blocks are attached to each other in a chain.

With every new block appended, the blockchain becomes a growing database of time-stamped digital asset transactions. 

A unique computer-generated code, or ‘hash’ is contained in every new block added to the blockchain. Besides its own unique ‘hash’, each block also holds the ‘hash’ of the previous block it is linked to. These matching ‘hashes’ validate that the chain is correctly ordered and untampered. Any attempt to alter the data of a block would automatically create a new code for that block, which would invalidate its match with the previous block, thus breaking the chain.

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