Alpha Ladder Finance, a Singapore-based wealth manager operating through its Alpha Ladder WealthX platform, said on Sept. 11 that it has launched access to Payward’s xStocks tokenized equities for institutional and accredited investors in selected Asian markets. The move makes Alpha Ladder one of the first licensed wealth management firms in the region to offer tokenized global equities, according to a release the company published.
From licensed wealth platform to tokenized equities
The rollout follows a memorandum of understanding between Alpha Ladder, MetaComp and Payward to advance tokenized capital markets across Asia-Pacific. Under the collaboration, Alpha Ladder will act as a distribution partner for xStocks in selected regional markets, subject to eligibility, onboarding and compliance requirements. The launch extends Alpha Ladder’s WealthX offering beyond traditional investment products into one of the fastest-growing areas of digital capital markets, giving eligible investors access to tokenized global equities through an established wealth management relationship. The three companies said they will continue to explore further tokenization opportunities, including additional products, counterparties and use cases.
blockchainreporter.net