MALAYSIAN OWNED BLOCKCHAIN COMPANY CSD BECOMES THE FIRST IN THE REGION TO ANNOUNCE IPO IN UNITED STATES AS A STEP TO NASDAQ
Malaysian owned blockchain company (CSD) has
made its mark in the region by becoming the first of its kind to announce Initial Public Offering
(IPO) in the United States, as a step to Nasdaq. The official launch and signing ceremony,
held in Menara PGRM last weekend, attracted over 1,500 attendees. Sister of HRH Sultan of
Selangor Yang Amat Mulia Tengku Puteri Dato’ Seri Hajjah Zahariah Almarhum Sultan
Salahuddin Abdul Aziz Shah Al-Haj, Yang Hormat Dato’ Marina bt Hashim, CSD CEO Mr
Nathaniel King and MAS Capital Chief Capitalist Mr Aaron Tsai were also present at the event
as guests of honour.
Speaking at the event, CSD CEO Nathaniel King stressed on the multi-growth potential of
getting a blockchain-based investment listed in a global capital market. He said, “A typical
blockchain-based company may have only one type of market, probably through listing in
different platforms. With CSD, not only will it be available in a blockchain-based market, it
appeals to the capital market as well. We are ready and well prepared to be listed as an Initial
Public Offering (IPO) in popular global financial markets”.
The emergence of blockchain technologies have successfully created means for the global
public to spend, invest and transfer wealth easily at a much cheaper cost. However, the current
investment adoption by the public is still not as large compared to current financial instruments
such as stocks and contract for difference (CFD).
Recognizing that CFD is a mainstream trading instrument, CSD created a blockchain-based
financial instrument which includes a state-of-the-art CFD trading platform. This combination
creates an innovative solution that further reduces investment costs, high return efficacies
and/or customized investment portfolios and personalized financial services for investors.
These advantages are made possible as CSD identifies the potential of bringing current
popular investment instruments like CFD to blockchain-based markets and platforms which
undoubtedly will only grow at exponential rates.
Nathaniel also expressed his confidence that this winning combination will attract investors
and traders who are currently active in mainstream investment/trading platforms whilst at the
same time attract investors who are exposed to the prospect of investing in blockchain-based
investment.
“Investing and trading in blockchain-based platforms are relatively new and foreign to many
new aspiring individuals, which may prove unfamiliar and risky due to lack of understanding.
This is in contrast with familiar investment instruments like CFD whereby the market is large
and active,” stated Nathaniel.
He added, “With CSD, the answer is simple: Why not both? By introducing a familiar market
into blockchain-based exposure with tremendous growth potential, investors/traders can now
enjoy best of both worlds with CSD.”
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