Sandbox Period: 15 Jun 2021 - 14 Mar 2022

Institution Type: Recognised Market Operator

Website: https://www.investax.io/

Address: 5 Shenton Way, #10-01, UIC Building, Singapore 068808

Telephone: +65 6911 6926

Remarks:

1. IC SG Pte Ltd currently holds a Capital Markets Services Licence for dealing in capital markets products that are securities or units in a collective investment scheme. It is also an exempt financial adviser for advising on investment products that are units in a collective investment scheme.
2. Clients of IC SG Pte Ltd for the activity of establishing or operating an organised market, will not have access to the dispute resolution scheme managed by the Financial Industry Disputes Resolution Centre (FIDReC).

Sandbox Period: 24 May 2021 - 23 Feb 2022

Institution Type: Providing Custodial Services

Website: https://www.hydrax.io/services/custody/

Address: 11 Collyer Quay, #19-02, The Arcade, Singapore 049317

Telephone: +65 6980 6330

Remarks:

1. Clients of HydraX Digital Assets Pte Ltd will not have access to the dispute resolution scheme managed by the Financial Industry Disputes Resolution Centre (FIDReC).

Sandbox Period: 22 Jun 2020 - 21 Jun 2021

Institution Type: Recognised Market Operator, Providing Custodial Services

Website: https://hg.exchange/

Address: 18 Cross Street, #02-101, Cross Street Exchange, Singapore 048423

Telephone: +65 6911 1923

Remarks:

1. HGX Pte Ltd has completed its experiment and exited the sandbox on 21 Jun 2021.
2. HGX Pte Ltd is a recognized market operator under section 9(1) of the Securities and Futures Act with effect from 22 Jun 2021.
3. It can no longer carry on the business of providing custodial services under section 86 of the Securities and Futures Act with effect from 22 Jun 2021.
4. For more information, please refer to the Financial Institutions Directory.