Singapore-based investment group Relken Alliance (S) Pte Ltd has inked an exclusive license agreement with the Hong Kong Cryptocurency Exchange Ltd (HKCCEX) to be the exclusive licensee of HKCCEX’s cryptocurrency trading system.

With the three-year exclusive license agreement, The Digital Exchange (TDX) will be launched on 18 March 2018.  

Powered by HKCCEX’s cryptocurrency trading system, TDX will be the only regulated cryptocurrency multipurpose trading platform in Singapore. Upon launch later this month, the next-generation cryptocurrency exchange will include features such as full training and support and lower fees to attract high volume traders.

Prior to the public release, TDX will host training sessions for the public and their investor partners, with its Singapore Cryptocurrency Training Centre providing free lectures by cryptocurrency experts from around the world. 

Relken’s and HKCCEX’s announcement of the digital exchange promises promotional benefits to early sign-ons, including a to-be-disclosed credit account and various fee waivers for training and support.

“This project has been in the works for several months now. It comes as Singapore continues to cement its status as the premier cryptocurrency trading hub,” said Johann Leong, managing director of Relken Alliance shares. “We are pleased to secure this exclusive license from the Hong Kong Cryptocurrency Exchange and for them to be our partners for the launch and operation of The Digital Exchange.”

“With various suitors in the market, we eventually decided to partner with Relken Alliance in Singapore. With their expertise and solid track record across various industries including financial services, cryptocurrency investments, training, and lifestyle services, we saw this as a good fit for them to be our exclusive license partner in Singapore,” said Stephen Yip, chairman of the Hong Kong Cryptocurrency Exchange Ltd.

Source: https://www.enterpriseinnovation.net/article/singapores-first-regulated-cryptocurrency-exchange-set-launch-1447864348