NH Investment & Securities Obtains Industry-First Membership in Overseas Alternative Asset Exchange

NH Investment & Securities announced on the 29th that it had acquired membership in Alta Exchange, Southeast Asia's largest alternative asset exchange, on the 28th (local time), becoming the first in the industry to do so.

The signing ceremony took place at Alta's headquarters located in Suntec City, Singapore, with NH Investment & Securities President Yoon Byung-woon and Alta President Kelvin Lee in attendance. NH Investment & Securities not only obtained membership but also signed a memorandum of understanding to strengthen cooperation in digital asset trading between the two parties.

Alta Exchange, based in Singapore, is Southeast Asia's largest alternative asset digital exchange. It supports the trading of alternative assets such as unlisted stocks and funds by tokenizing them digitally based on its proprietary decentralized blockchain technology. With the recent surge in investor demand for alternative asset investments, Alta Exchange is expanding its business scope beyond Singapore to the entire Southeast Asia region, including Malaysia and Indonesia.

By acquiring membership, NH Investment & Securities becomes the only domestic securities firm able to offer its clients investment and sale opportunities in overseas high-quality alternative assets managed by Alta Exchange. It also supports liquidity by connecting domestic unlisted companies with overseas investors and actively responds to domestic institutional investors' demand for overseas alternative assets.

Through this memorandum of understanding, the two companies plan to further strengthen cooperation in the digital alternative investment business sector. By combining Alta Exchange's differentiated financial blockchain technology with NH Investment & Securities' investment platform competitiveness, they aim to enhance the accessibility of overseas alternative asset investments for domestic investors in the future.

President Yoon Byung-woon stated, "Cooperation with Alta Exchange will serve as a bridge connecting the dynamic overseas alternative investment market with Korea. We will explore business opportunities in the global alternative investment market utilizing blockchain technology and strengthen the competitiveness of digital products."

During the Singapore schedule, President Yoon also attended a contract signing ceremony for advisory services with the law firm K&L Gates. In July, NH Investment & Securities was selected as the first Asian securities firm to operate the Climate Tech Fund (CTF) under the Green Climate Fund (GCF) of the United Nations. NH Investment & Securities plans to design a structure that facilitates smooth private investor attraction for the Climate Tech Fund with advisory support from K&L Gates.

Subsequently, on the 29th (local time), President Yoon Byung-woon traveled to Jakarta, Indonesia, to strengthen online retail sales capabilities by signing a fund sales business agreement with Trimegah Asset Management. Through the agreement ceremony, the two companies signed contracts for mutual fund sales through online and offline channels, aiming to provide various fund products to customers by collaborating with one of Indonesia's top asset management firms. Trimegah Asset Management ranks third in Indonesia by assets under management (AUM) and designs and manages over 50 fund products including equity, bond, mixed, and global funds. As of August this year, its AUM is approximately KRW 2.8 trillion.

This content was produced with the assistance of AI translation services.