Malaysian Owned Blockchain Company CSD Gets One Step Closer to Nasdaq With IPO Announcement

Published by Samentha James @ 27/03/2018

Malaysian owned blockchain company Crypto S11 Digital (CSD) has successfully made its mark in the region by becoming the first of its kind to announce Initial Public Offering (IPO) in the United States. This puts the company one step closer to making its entrance into Nasdaq listings, as announced during the official launch and signing ceremony held in Menara PGRM last weekend.

Speaking at the event, CSD CEO Nathaniel King stressed on the multi-growth potential of obtaining 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 rise of blockchain technologies have solidify the 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).

Recognising that CFD is a mainstream trading instrument, CSD created a blockchain-based financial instrument which includes a state-of-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.

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 prospects 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.

The CEO 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.”

The event proved to be a success with 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 Berhormat Dato’ Marina bt Hashim, and MAS Capital Chief Capitalist Aaron Tsai were also present at the event as guests of honour.