Binance has become the owner of a stake in the Hg Exchange trading platform
Once the deal is approved, the exchange will have access to security-token trading in Singapore
09.12.2021 - 07:50
818
1 min
0
.
What’s new? Binance Singapore has published a press release sharing information about its acquisition of an 18% stake in the Singapore-based regulated security token platform Hg Exchange (HGX).
The full version of the press release
What is known about the deal? HGX is licensed by the Monetary Authority of Singapore and is a platform for trading digital tokens and securities. In addition, tokenized art and real estate are available to HGX users. The financial details have not yet been disclosed by both companies. All that is known is that the deal has to be approved by the local regulator.
As previously stated, the Binance exchange continues to cooperate with the authorities in various jurisdictions. At present, the company plans to apply for registration with the UK's Financial Conduct Authority (FCA) and obtain a license to operate in that country.
Useful material?
Telegram 
Twitter Market
To pass, the document must receive majority support in the House of Representatives and 60 votes in the Senate
Mar 14, 2025
Market
The update will gradually become available to users in March and April
Mar 13, 2025
Mining
Industry participants with such low-powered devices have extremely low chances of single block mining
Mar 12, 2025
Market
The figure fell from $2,4 trillion to $1,7 trillion
Mar 12, 2025
Incidents
On March 10, thousands of users were unable to access the platform
Mar 11, 2025
Market
Previously, the list of approved cryptocurrencies only included BTC, ETH, XRP, and XLM
Mar 10, 2025
Cryptocurrency rates
-
Bitcoin
$84 339
BTC
-0.16%
-
Ethereum
$1 929.51
ETH
+0.44%
-
Ripple
$2.38
XRP
-1.67%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Cardano
$0.742829
ADA
-0.82%
-
Dogecoin
$0.174835
DOGE
+0.78%
-
Stellar XLM
$0.274176
XLM
-1.4%
-
Litecoin
$92.3
LTC
+0.14%
-
Bitcoin Cash
$338.82
BCH
+1.79%
-
Polkadot
$4.33
DOT
+2.27%