Singapore-Based Digital Marketplace Alta Acquires Hg Exchange
Jamie Crawley is a CoinDesk news reporter based in London. Singapore-based digital marketplace Alta has acquired digital securities exchange Hg Exchange, or HGX. Financial terms weren’t disclosed. HGX will become a subsidiary of Alta and be renamed Alta Exchange. Alta lists Phillip Securities, Nomura Holdings, Integra Partners and Prime Partners as shareholders, according to an emailed statement.