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SCxSC 2020: ECF and P2P platforms in Malaysia breach US$240 mil raised in 2020
['Digital News Asia']
Digital News Asia
“We have seen a considerable increase in individual investor participation via digital investment managers, equity crowdfunding (ECF) and peer-to-peer (P2P) financing platforms, digital asset exchanges (DAX) and online brokers. “I am pleased to note that these digital investment managers have attracted many first-time investors… with close to 90,000 new accounts opened this year,” Zaid Albar continues. Zaid Albar goes on to say that SC approved three digital asset exchanges last year – and all three have now gone live with four digital assets permitted on trading on these platforms.