The round saw participation from several financial institutions, including UOB; Hamilton Lane; SET Venture Holding, a subsidiary of the Stock Exchange of Thailand (SET); and Krungsri Finnovate, the corporate venture capital arm of Krungsri, Bank of Ayudhya.
The funding will allow Singapore’s ADDX to scale its operations and shore up its position as Asia’s largest private market exchange, as well as support initiatives such as new private market services for wealth managers.
