HGX is Southeast Asia's first member-driven private securities exchange, founded by leading financial institutions PhillipCapital and PrimePartners. Earlier this year, HGX was granted a Recognised Market Operator license by the Monetary Authority of Singapore. In addition to listing shares in private companies, the exchange also listed the world's first rare whisky-backed digital security tokens. Due to strong demand, HGX is working to list similar alternative assets, such as wines, art and real estate.