FAQs about ADDX
What is ADDX?
ADDX is your entry to private market investing. It is a platform that lets you invest from USD 10,000 in unicorns, pre-IPO companies, hedge funds, and other opportunities that traditionally require millions or more to enter. ADDX is regulated by the Monetary Authority of Singapore (MAS) and is open to all non-US accredited and institutional investors.
What are digital securities?
Digitial securities are stocks, bonds, funds and other financial securities that are digitised on a blockchain. They are recognised as securities under the Singapore Securities & Futures Act the same way traditional securities, such as stocks and bond certificates.
Do I qualify as an investor?
We’re currently open only to accredited investors and institutional investors.
The accredited investor wealth or income thresholds for an individual is as follows:
- Whose net personal assets exceed SGD 2 million (or its equivalent in foreign currency) in value, or
- Whose financial assets (net of any related liabilities) exceed SGD 1 million in value (or its equivalent in foreign currency), or
- Whose income in the preceding 12 months is not less than SGD 300,000 (or its equivalent in foreign currency)
Do I have to be based in Singapore to register with ADDX?
Not at all. You can register as an investor from countries other than Singapore as well, subject to our KYC (Know Your Customer) and AML (Anti-Money Laundering) process. Please note that we’re unable to admit current U.S citizens or U.S taxpayers.
Do I need to pay fees to sign up as an investor with ADDX?
There are absolutely no fees associated with opening an account with us. However, there will be fees associated with subscribing to primary offerings as well as secondary trading of digital securities on ADDX.
Is ADDX safe?
ADDX is regulated by the Monetary Authority of Singapore (MAS) and held to some of the highest regulatory standards in the world. All customer funds are held in a customer segregated account with our banking partner DBS, Asia’s most trusted bank. This means customer funds are kept secured no matter what, independent of our operations at ADDX.
The ADDX digital securities are non-transferrable and non-tradeable outside our platform, which reduces the incentive for theft.