BondbloX Company Research Report

Company Overview

• Name: BondbloX

• Mission: BondbloX aims to simplify bond investing, enabling investors to track and trade bonds electronically with transparency, just like stocks, democratizing bond markets.

• Founding Information: No information is available regarding the founding date and founders of the company.

• Key People: No information is available on key people in the company.

• Headquarters: 8 Marina View, #43-062 Asia Square Tower 1, Singapore 018960

• Number of Employees: No information is available regarding the number of employees.

• Revenue: No information is available about the company’s revenue.

• Known For: The company is known for providing a fractional bond exchange platform that facilitates electronic bond trading.

Products

• BondbloX Platform

• Description: BondbloX transformed the bond trading landscape by establishing the first fractional bond exchange, offering the trading of fractional and full-sized bonds electronically.

• Key Features:

• Fractional Bond Investing: Investors can start investing in bonds with as little as $1,000 compared to the conventional $200,000.

• Electronic Trading: Trades can be executed electronically with immediate settlement and zero counterparty risk.

• Transparent Package: Offers a transparent fee structure with 0.20% per trade and 0.20% annualized on Assets Under Management (AUM).

Recent Developments

• Integration and Announcements:

• June 1, 2023: BondEvalue was integrated into BondbloX, creating a unified platform for tracking and trading bonds.

• November 9, 2023: BondbloX raised US$6 million in Series B funding.

• Product and Service Enhancements:

• BondbloX App Launch: Scheduled for July 2023 to enhance user convenience in trading bonds electronically.

• Integration with ICE Bonds: Announced for expanded access to U.S. corporate, municipal, and treasury bond liquidity during ICE Bonds’ extended trading hours.

• Achievements and Partnerships:

• November 1, 2023: Launched Asia’s first bond trading platform.

• November 22, 2022: BondbloX and TransFICC signed an MOU to enhance market connectivity.

• Certification:

• January 2, 2024: Obtained SOC 2 Type II accreditation.

• Regulation: BondbloX is regulated by the Monetary Authority of Singapore as a Recognised Market Operator ("RMO").

Industry Recognition and Awards

• No specific awards or recognitions mentioned in the provided data.

Additional Insights

• Accessibility: Emphasis on providing enhanced bond market access with a significant reduction in minimum investment amounts, facilitating diversification.

• Strategic Focus: Concentration on integrating advanced trading hours and secure, transparent bond trading options for investors across various global markets.

This report is based on the data available and contains comprehensive information regarding BondbloX's operations, products, and recent developments.