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Private Capital Markets

Hg Exchange (HGX) / Private Capital Markets

<ul><li>Singapore-based Fundnel, a leading digital marketplace for alternative investments, has acquired the blockchain-powered private digital securities exchange Hg Exchange (HGX).</li><li>According to a press release, the acquisition will enable Alta to support the tokenisation and digital custody of alternative assets.</li><li>This will create an end-to-end solution that makes it cheaper and faster to trade private securities, funds, and asset-backed securities like real estate and luxury assets.</li></ul>

Singapore-based Fundnel, a leading digital marketplace for alternative investments, has acquired the blockchain-powered private digital securities exchange Hg Exchange (HGX).According to a press release, the acquisition will enable Alta to support the tokenisation and digital custody of alternative assets.This will create an end-to-end solution that makes it cheaper and faster to trade private securities, funds, and asset-backed securities like real estate and luxury assets.

Alternative Assets Marketplace Fundnel Buys Hg Exchange, Rebrands as Alta