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SDAX, Singapore’s Digital Asset Exchange, is pleased to announce the successful closing of its US$50 million Series B2 funding round led by the Oman-based Muscat Precious Metals Refining Company LLC (“MPMR”). This follows a US$18 million Series B funding round in 2021 led by PSA International, Straits Trading Company, and New Horizon Global. They joined existing shareholders: ESR, RHT and Crazy Goats, supporting SDAX’s mission to empower investors with access to private markets and alternative investment opportunities.
- September 10, 2024
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Equities and Gold have the Edge over Bonds
The risk-on sentiment in the market remains evident, firmly supported by recent economic data flow. We note that economists – not wanting to be caught off guard – have been...
Read more October 22, 2024- Market Insights
Are We Seeing Reflation?
The dialogue in the markets has made a subtle shift in the last few weeks. Its no longer about the urgent need for large rate cuts and more about the...
Read more October 15, 2024- Market Insights
No One-Way Bet
It all looked too easy: a US soft landing, lower inflation, and a compliant-with-market-wishes Fed that was seemingly prepared to deliver to the market further 50bps rate cuts. It was...
Read more October 8, 2024- Market Insights
Q3 Macro and Markets Review
It happened – US fed funds rates finally peaked. The Fed’s sprung a small surprise and cut interest rates by 50bps against a marginal majority view that the fed would...
Read more October 3, 2024No More posts Found