SG’s CapBridge seeks to double deals on offer to $2b by 2019-end

Johnson Chen, CEO and founder of CapBridge

Singapore-based private capital raising platform CapBridge is aiming to double its investment offerings to $2 billion to roughly 100 clients by the end of this year.

According to CapBridge, the platform offered $900 million worth of deals to 48 clients in 2018. These were deals on its primary capital raising platform since it launched its secondary trading unit, 1Exchange (1X), late last year. The SGX-backed platform received regulatory approval to operate 1X in November, making it one of the first private securities exchanges in Singapore.

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