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Alta Expands to Hong Kong, Receives MAS Custodial License – Fintech Singapore

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Alternative assets marketplace Alta expanded its platform to Hong Kong through partnerships with multi-family office platforms Rockpool Capital and Cachet Group, and securities brokerage Quam Securities. The partnerships will enable Alta to bring its platform and network of investors to Hong Kong.

The firm also recently received approval from the Monetary Authority of Singapore (MAS) for a Capital Markets Services (CMS) custodial license.

This allows its exchange arm AltaX to safeguard and hold assets, including securities, funds and other financial instruments, on behalf of their customers. This also includes custody of digital assets like blockchain-powered security tokens.

Alta Exchange lists a growing number of tokenised real-world assets on its digital securities exchange. Recently it listed security tokens backed by Discord shares on the exchange.

The exchange continues to provide investors access to a wide range of curated alternative assets including opportunities in global private companies like SpaceX, Stripe and Global Private Credit funds through Hamilton Lane.

Other partnerships that Alta has formed include one with Singaporean investment bank Evolve Capital.

Willie Chang

Willie Chang

“We are extremely excited to have Evolve Capital, Rockpool Capital, Cachet Group and Quam Securities on board as partners and extend our innovatively curated alternative investment opportunities to them, enabling enhanced accessibility to alternatives to a wider investor network.

Our successful partnerships reaffirm our commitment and ability to help investors consider a range of alternative investment opportunities as a means of increasing returns and mitigating macro risks,”

said Willie Chang, Chief Operating Officer, Alta.

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