Members of Straits Trading Company’s Shareholders’ Club will be able to access private markets and alternative investment opportunities on Singapore’s Digital Asset Exchange (SDAX), as part of a new partnership announced Oct 10.
Investment opportunities on SDAX include commodity notes, trade finance notes, social bonds, a private credit fund and a fine art fund.
SDAX clients, in turn, will also be able to invest in Straits Trading’s “investment offerings”, says Straits Trading. The company tells The Edge Singapore that it will “make announcements at the appropriate juncture after today’s launch”.
“We have supported SDAX over the last two years in their mission to empower investors with access to private markets and alternative investment opportunities.” says Eric Teng, group chief operating officer and chief executive officer, Straits Developments. “This partnership augments our Straits 5.0 transformation efforts, creating opportunities for stakeholders to participate in the continued growth of the group. We are pleased to further strengthen our relationship with SDAX.”
Straits Trading listed its first tokenised real estate-linked tradable asset on the SDAX platform in early 2023. The company launched the Shareholders Club in 2021.
“Partnering with Straits Trading is a validating moment for us,” says SDAX CEO Rachel Chia. “Not only does it cement the strong, longstanding relationship between SDAX and Straits Trading, it is also a testament of the trust Straits Trading has in our platform, especially as SDAX remains committed to democratising finance for retail investors and the mass affluent.”
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Straits Trading’s Shareholders’ Club is open for registration to all shareholders of Straits Trading Company. According to the company, registrants will have priority access to talks, networking sessions, webinars and investment product launches.
