Initial Exchange Offering
Securities Commission Malaysia Registers Kapital DX & Pitch Platforms as Initial Exchange Offering Operators
Both operators are to promote responsible innovation in digital assets space
Issuer may raise US$23.7mil max from retail, sophisticated & angel investors
SC Malaysia seeking feedback on regulatory framework for digital asset wallet providers
Will complement Digital Asset Exchange & Initial Exchange Offering frameworks
Finalised framework will be included as part of Guidelines on Digital Assets
pitchIN releases annual report 2019 and declares itself APAC’s top ECF platform
1,582 investments made in 2019, more than double the investments over preceding 3 years
ositive impact from Malaysian Co-Investment Fund (MyCIF) scheme by government