SGX and Temasek's Heliconia invest in next-gen capital markets platform

SINGAPORE (Nov 8): The Singapore Exchange (SGX) and Temasek Holdings’ subsidiary Heliconia Capital Management have invested in a new blockchain-based capital markets platform. The value of the investment was not disclosed.

Designed by ICHX Tech, iSTOX will connect investors with quality investment opportunities that leverage on bespoke investment structures in the form of Security Token Offerings (STOs).

STOs are financial securities which offer flexible issuance structures and can be backed by a variety of underlying assets, including shares in a company, debt, real assets, or future profits and revenue of an enterprise or project.

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