OTHER GROUP COMPANIES
market

India INX signs MoU with Kling Block Chain IFSC to explore launch of Digital Asset based products

Joint application has been filed with IFSCA under Regulatory Sandbox regarding launch of these new age assets.

January 13, 2022 12:58 IST | India Infoline News Service
India INX has signed MoU with Kling Block Chain IFSC Pvt. Ltd. to explore and launch Digital asset-based products. King Block Chain IFSC Pvt. Ltd. is a 50:50 Joint Venture between Cosmea Holdings and Kling Trading India Pvt. Ltd.

In recent times, Digital assets have gained mainstream traction in the global capital market landscape. Joint application has been filed with IFSCA under Regulatory Sandbox regarding launch of these new age assets.

Commenting on this, V. Balasubramaniam, MD & CEO, India INX said, “India INX at GIFT IFSC is looking at exploring launch of Digital Asset based products and has already made an application to IFSCA under Regulatory Sandbox. This is a part of our product innovation initiative for benchmark our offerings with other international finance centers. We will be launching products in these new age assets in complete compliance with the prevailing laws after receiving all required regulatory approvals.”

OPEN A DEMAT ACCOUNT & Get
FREE Benefits Worth 5,000

FEATURED ARTICLE

BLOGS

Open Demat Account

  • 0

    Per Order for ETF & Mutual Funds Brokerage

  • 20

    Per Order for Delivery, Intraday, F&O, Currency & Commodity