Company Research Report: SDAX
Company Overview
- Name: SDAX
- Mission: To level the investment playing field by empowering investors with access to institutional-grade global opportunities.
- Headquarter Location: Singapore
- Key People:
- Rachel Chia: Chief Executive Officer, Executive Director
- Melwyn Dias: Chief Commercial Officer, Executive Director
- Steven Yeo: Chief Technology Officer
- Tan Bee Lay: Chief Sustainability Officer
- Elaine Foo: Chief Strategy Officer
- Jezel Aw: Head of Operations
- SDAX Exchange Board of Directors:
- Khoo Boon Hui, Chairman
- Thomas McMahon, Independent Director
- Soh Gim Teik, Independent Director
- Thomas Kupfer, Independent Director
- Chong Ee Rong, Independent Director
- SDAX Financial Group Board of Directors:
- Nick Cochrane-Dyet, Chairman
- Anand Vasa, Non-Executive Director
- Azman Jaafar, Non-Executive Director
- James Kwie, Non-Executive Director
- Eddy Ng, Non-Executive Director
- Ivan Koh, Non-Executive Director
- Revenue: No information is available
- Number of Employees: No information is available
- Known For: SDAX is known for functioning as Singapore’s Digital Asset Exchange and providing investors with access to private and alternative investment opportunities.
Products
Offered Products
1. Private Equity & Private Credit
- Description: Provides access to global private market opportunities traditionally available only to institutions.
- Key Features:
- Investment in institutional-grade opportunities
- Access to exclusive market segments
2. Real Estate
- Description: Investment in institutional-grade real estate available in fractional amounts.
- Key Features:
- Diversified real estate investment opportunities
- Accessible in fractional shares
3. Sustainability Investments
- Description: Invest alongside an ecosystem of ESG partners and initiatives working towards a sustainable future. (Coming soon)
- Key Features: Focuses on investments with environmental, social, and governance impact.
4. Gold
- Description: Offered as a safe haven asset and diversification tool.
- Key Features: Provides stability and hedges against economic downturns.
5. Private Credit
- Description: Enhancing income while preserving capital.
- Key Features: Focuses on income generation and capital preservation.
6. Commercial Paper
- Description: Short-term unsecured debt for corporate financing.
- Key Features: Offers liquidity and flexibility for financial management.
Recent Developments
Recent Company Developments
- Series B2 Funding Round: SDAX successfully closed a US$50 million Series B2 funding round on September 10, 2024, led by Muscat Precious Metals Refining Company LLC. This follows a previous US$18 million Series B funding round in 2021.
- Partnerships: SDAX has partnered with The Straits Trading Company for cross offerings and to provide clients from both partners access to mutually beneficial investment opportunities as of October 10, 2024.
New Products and Features
- Commercial Papers to Retail Investors: Introduced offering of commercial papers, a traditionally institutional investment, to retail investors as of November 21, 2024.
- Multicurrency Debt Issuance Programme: Straits Trading Company has set up a S$55 million multicurrency debt issuance programme announced on October 15, 2024.
Conclusion
SDAX continues to position itself as a leading digital asset exchange platform, making strides towards expanding access to private and alternative markets, secured through recent funding rounds and strategic partnerships. The continued innovation and product diversification underline its mission to empower a broad spectrum of investors.