KDX is a Separate and Regulated Entity based in Malaysia
We are aware of the recent developments involving Tokenize Xchange Singapore, which is operated by AmazingTech Pte Ltd and currently under investigation by the Commercial Affairs Department (CAD) in Singapore. In light of this, we would like to provide clarity and reassurance to our users and the public.
KDX (Kinetic DAX Sdn. Bhd.), formerly known as Tokenize Malaysia, is a separate legal entity that operates independently from AmazingTech Pte Ltd. We are fully licensed and regulated in Malaysia.
Our operations, management team, and compliance are entirely based in Malaysia and we have a different controlling shareholder – Kenanga Investment Bank Berhad.
There are no shared custody structures, or operational dependencies between KDX and Tokenize Singapore.
Our users’ assets and data are securely managed under Malaysia’s regulatory framework, with strong compliance measures and security protocols in place.
All services provided by KDX continue to operate normally. User assets remain safe and fully protected under the oversight of the Malaysian authorities.
The situation in Singapore does not affect our business, users, or operations in any capacity.
We thank you for your continued trust and support as we remain committed to providing a secure, transparent, and compliant digital asset exchange for everyone in Malaysia.
– KDX Management –