KLDX, AsiaNext in cross-border listing deal


Selvarany Rasiah, founder and CEO of KLDX.

PETALING JAYA: Kapital DX Sdn Bhd (KLDX) and Singapore-based Asia Digital Exchange Holdings Pte Ltd (AsiaNext) have signed a memorandum of understanding (MoU) aimed at facilitating cross-border listings, enhancing liquidity and developing innovative products for the digital assets market.

KLDX, leveraging blockchain technology, focuses on democratising access to private market assets that were traditionally limited to institutional and ultra-high-net-worth investors. KLDX is one of the only two licensed Initial Exchange Offering operators in Malaysia, registered with the Securities Commission.

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