FOMO Group adds SGX Group as shareholder through share deal
The deal expands SGX Group’s earlier investments in CapBridge and 1exchange.
FOMO Group, a Singapore-based fintech company, has added SGX Group (Singapore Exchange) as a shareholder following a share exchange deal involving CapBridge and 1exchange.
The deal expands SGX Group’s earlier investments in CapBridge and 1exchange, both part of FOMO Group’s ecosystem, which also includes FOMO Pay.
Together, the companies provide services in cross-border payments, cross-asset investment, and tokenisation of real-world assets.
FOMO Group said the addition of SGX Group strengthens collaboration in areas such as digital capital markets infrastructure, trading of tokenised assets, stablecoin-powered settlement, and cross-border capital-market connectivity.