Digital alternatives marketplace Alta has announced new partnerships with an investment bank, multi-family offices and more.
Singapore-headquartered Alta has established several partnerships in Asia with various financial firms, according to a statement. In Singapore, this includes investment bank Evolve Capital. And in Hong Kong, this includes multi-family offices Rockpool Capital and Cachet Group as well as brokerage house Quam Securities.
With the new tie-ups, Alta now boasts nine members in its investor network, including Singapore-based broker Phillip Securities, corporate finance firm PrimePartners and investment platform Kilde.
«Through the partnership, the new member firms will be able to list opportunities while also giving their investors direct access to Alta’s platform with its growing inventory of globally sourced alternative investment opportunities,» the statement said. «This includes providing direct access to global private companies, global private equity credit funds and real assets of rare whisky and wines.»
CMS License
Separately, Alta’s exchange – AltaX – recently received approval from the Monetary Authority of Singapore for a Capital Markets Services (CMS) custodial license. This will allow it to safeguard and hold assets, including digital assets. Currently, Alta Exchange lists a number of tokenized «real-world assets» such as listed security tokens backed by Discord shares.
Alta is a Southeast Asia digital marketplace for alternative investments. It provides investors with direct access to early to late-stage private companies, PE and VC funds, asset-backed securities of luxury assets, real estate and more. Since 2016, the firm has completed over 1,000 transactions valued at more than $600 million and enabled access to over $22 billion of mandated opportunities globally.
