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ADDX
ADDX is a digital exchange platform that allows investors to buy and sell fractions of high-value assets such as fine art, wine, and real estate. The company is located in Singapore and was founded in 2018. The platform's goal is to make alternative assets more accessible to a broader range of investors by allowing them to invest in smaller portions of these assets, which are typically reserved for high-net-worth individuals. Through the ADDX platform, investors can gain exposure to unique and valuable assets without having to purchase them outright, which can be costly and illiquid. The company is regulated by the Monetary Authority of Singapore (MAS) and is a member of the Singapore Fintech Association.
ADDX was founded by veteran investment bankers, CEO and co-founder, Mr. Michael Blakey, and COO and co-founder, Mr. Markus Gnirck. Both Blakey and Gnirck have a wealth of experience in the finance industry, having worked for several investment banks and fintech startups. Before founding ADDX, Blakey was a managing partner at Cocoon Capital, a venture capital firm, and Gnirck was the global COO of Startupbootcamp, a global startup accelerator. Since its launch, ADDX has garnered significant attention, receiving a license to operate from MAS and becoming the first company in Asia to be granted the Financial Markets Service license to offer digital assets trading for accredited investors. The company has also partnered with reputable industry players such as DBS Bank and Deloitte to further expand its reach and services.