SG's ADDX raises $58m pre-Series B from Thailand's SET, Krungsri Bank, others

ADDX chief executive Oi Yee Choo. Photo: ADDX.

Singapore-based private market exchange ADDX has raised $58 million in pre-Series B funding from the Stock Exchange of Thailand (SET), United Overseas Bank (UOB), Hamilton Lane and Krungsri Bank.

SET and UOB contributed $25 million each to the round, show ADDX’s filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA).

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