HashKey Group Buys 100% Stake in Singapore Derivatives Platform Asia Pacific Exchange
HashKey Group has filed to acquire a 100% stake in Singapore-based derivatives platform Asia Pacific Exchange (APEX) through a subsidiary.
The transaction expands the Hong Kong-listed digital asset firm’s regulated footprint in the city-state, operating within Monetary Authority of Singapore licensing frameworks.
From the sources (3 posts)
@theblockcoTHE BLOCK: Hong Kong-listed HashKey Group plans to acquire Singapore's Asia Pacific Exchange via a subsidiary, per its filing. The proposed acquisition aims to "establish a more scalable regulated presence in Singapore."
@bpaynewsJUST IN: HashKey plans to acquire 100% of Singapore-based APEX, a licensed derivatives trading platform and clearing house in MAS-regulated infrastructure. If completed, this could deepen HashKey’s presence in APAC markets. $HKDAG (proposed
@blckchaindaily🚨 HASHKEY GROUP PLANS TO ACQUIRE SINGAPORE'S ASIA PACIFIC EXCHANGE VIA SUBSIDIARY TO ESTABLISH REGULATED PRESENCE IN SINGAPORE