- Singapore-regulated financial technology company iSTOX has taken a major step towards expanding into the China market
- iSTOX a multi-asset digitised securities investment platform that graduated from the MAS Fintech Regulatory Sandbox in February 2020
- In the strategic agreement, the Chongqing monetary authority1 pledged to support the setting up of an iSTOX digital securities
- The MOU signatories also committed to working together to establish a broader Chongqing-Singapore Financial Services Hub
- The MOU signing part of the Third China-Singapore Financial Summit2 and witnessed by Chongqing Mayor Tang Liangzhi
- To build the Chongqing-Singapore financial hub, the MOU outlines concrete steps to taken, including a potential tie-up between iSTOX