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HashKey Eyes Full Acquisition of MAS-Licensed APEX
['Fintech News Singapore']
Fintech Singapore
Free Newsletter Get the hottest Fintech Singapore News once a month in your InboxHashKey is seeking to acquire APEX to expand its institutional trading and clearing operations in Singapore.
APEX holds an Approved Exchange licence from the Monetary Authority of Singapore, while its group company, Asia Pacific Clear, holds an Approved Clearing House licence.
Together, the licences allow the group to operate trading, clearing and settlement infrastructure in Singapore.
The acquisition would strengthen HashKey’s institutional capabilities across trading, custody, payments, clearing and settlement while expanding its regulated presence in Singapore.
This article first appeared on Fintech News Hong KongFeatured image: Edited by Fintech News Singapore/Malaysia, based on image by Magnific