{"id":7224,"date":"2024-08-13T14:01:34","date_gmt":"2024-08-13T07:01:34","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=7224"},"modified":"2024-08-13T14:01:34","modified_gmt":"2024-08-13T07:01:34","slug":"jadaex-receives-conditional-approval-as-digital-asset-custodian-from-securities-commission-malaysia","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=7224","title":{"rendered":"JadaEx Receives Conditional Approval as Digital Asset Custodian from Securities Commission Malaysia"},"content":{"rendered":"<p><span class=\"legendSpanClass\"><span class=\"xn-location\">KUALA LUMPUR, Malaysia<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Aug. 13, 2024<\/span><\/span> \/PRNewswire\/ &#8212; JadaEx has officially received conditional approval from the Securities Commission Malaysia (SC) to operate as a Digital Asset Custodian (DAC). The SC&#8217;s endorsement marks a significant milestone, recognising the increasing importance of digital assets in the financial portfolios of both individual and institutional investors.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<\/div>\n<p><span class=\"xn-person\">Datuk Syed Mohamed Syed Ibrahim<\/span>, Chairman of the JadaEx Board, expressed his gratitude, stating, &#8220;We are deeply appreciative of the trust and guidance provided by the Securities Commission throughout the application process. This achievement not only highlights our commitment to delivering a secure and compliant DAC service but also our dedication to contributing actively to the growth of <span class=\"xn-location\">Malaysia&#8217;s<\/span> digital asset landscape.&#8221;<\/p>\n<p>As an independent third-party custodian in <span class=\"xn-location\">Malaysia<\/span>, JadaEx is positioned to serve digital asset exchanges, asset\/fund managers, and high-net-worth individuals, ensuring a secure custodial environment under the SC&#8217;s regulatory framework.<\/p>\n<p>JadaEx differentiates itself with an institutional-grade digital asset management system, provided in collaboration with its technology partner, Hydra X. This partnership enables JadaEx to integrate cutting-edge technological solutions with continuous regulatory compliance, thereby enhancing the offerings available to Malaysian financial institutions and their customers.<\/p>\n<p>Hydra X is a <span class=\"xn-location\">Singapore<\/span>-based fintech group which offers trusted, regulatory-compliant digital technology and infrastructure for the capital markets. Its technology suite spans tokenisation solutions, core exchange platforms, as well as custody and clearing infrastructure.<\/p>\n<p>For Media Enquiries <br \/><a href=\"mailto:info@jadaex.com\" target=\"_blank\" rel=\"noopener\">info@jadaex.com<\/a><\/p>\n<p>About JadaEx<\/p>\n<p>JadaEx is a leading digital asset custodian dedicated to providing secure, compliant, and innovative solutions for the safekeeping of digital assets. With a focus on institutional-grade security and regulatory adherence, JadaEx aims to serve a diverse clientele, including financial institutions, digital asset exchanges, and individual investors. For more information, visit <a href=\"http:\/\/www.jadaex.com\/\" target=\"_blank\" rel=\"noopener\">www.jadaex.com<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p><!-- wp:html --><\/p>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">KUALA LUMPUR, Malaysia<\/span><\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">Aug. 13, 2024<\/span><\/span> \/PRNewswire\/ &#8212; JadaEx has officially received conditional approval from the Securities Commission Malaysia (SC) to operate as a Digital Asset Custodian (DAC). The SC&#8217;s endorsement marks a significant milestone, recognising the increasing importance of digital assets in the financial portfolios of both individual and institutional investors.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\">\n<\/div>\n<p><span class=\"xn-person\">Datuk Syed Mohamed Syed Ibrahim<\/span>, Chairman of the JadaEx Board, expressed his gratitude, stating, &#8220;We are deeply appreciative of the trust and guidance provided by the Securities Commission throughout the application process. This achievement not only highlights our commitment to delivering a secure and compliant DAC service but also our dedication to contributing actively to the growth of <span class=\"xn-location\">Malaysia&#8217;s<\/span> digital asset landscape.&#8221;<\/p>\n<p>As an independent third-party custodian in <span class=\"xn-location\">Malaysia<\/span>, JadaEx is positioned to serve digital asset exchanges, asset\/fund managers, and high-net-worth individuals, ensuring a secure custodial environment under the SC&#8217;s regulatory framework.<\/p>\n<p>JadaEx differentiates itself with an institutional-grade digital asset management system, provided in collaboration with its technology partner, Hydra X. This partnership enables JadaEx to integrate cutting-edge technological solutions with continuous regulatory compliance, thereby enhancing the offerings available to Malaysian financial institutions and their customers.<\/p>\n<p>Hydra X is a <span class=\"xn-location\">Singapore<\/span>-based fintech group which offers trusted, regulatory-compliant digital technology and infrastructure for the capital markets. Its technology suite spans tokenisation solutions, core exchange platforms, as well as custody and clearing infrastructure.<\/p>\n<p>For Media Enquiries <br \/><a href=\"mailto:info@jadaex.com\" target=\"_blank\" rel=\"noopener\">info@jadaex.com<\/a><\/p>\n<p>About JadaEx<\/p>\n<p>JadaEx is a leading digital asset custodian dedicated to providing secure, compliant, and innovative solutions for the safekeeping of digital assets. With a focus on institutional-grade security and regulatory adherence, JadaEx aims to serve a diverse clientele, including financial institutions, digital asset exchanges, and individual investors. For more information, visit <a href=\"http:\/\/www.jadaex.com\/\" target=\"_blank\" rel=\"noopener\">www.jadaex.com<\/a>.<\/p>\n<p><!-- \/wp:html --><\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":[],"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[5,7],"tags":[],"class_list":["post-7224","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cision-pr-newswire","category-cision-pr-newswire-en"],"_links":{"self":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/7224","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7224"}],"version-history":[{"count":0,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=\/wp\/v2\/posts\/7224\/revisions"}],"wp:attachment":[{"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7224"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7224"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thaipropertynews.com\/feeds\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7224"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}