Blockchain Capital Markets Platform iSTOX Names Lim Mei Shern As Head Of Compliancebr>
iSTOX, a security token offerings (STO) platform developed by blockchain firm ICHX Tech, has appointed Lim Mei Shern as the company’s head of compliance.
iSTOX, which is backed by the Singapore Exchange and Temasek unit Heliconia Capital Management, offers issuance, settlement, custody and secondary trading of digitized securities. It is been a recognized market operator within the Monetary Authority of Singapore (MAS)’s FinTech Regulatory Sandbox since May 2019.
Lim has over 15 years of experience at MAS, primarily in the supervision of capital markets intermediaries. Prior to joining iSTOX, she worked extensively on FinTech regulation in the capital markets industry. In her new role, Lim will be responsible for the regulatory compliance within iSTOX.
“I strongly believe that iSTOX will be a game changer in capital markets,” Lim said. “Through the use of new technology, iSTOX will democratize investing and improve liquidity in the private markets. The platform will make it easy for investors to access private markets at lower costs.”
“We are very happy to welcome Mei Shern into our iSTOX family,” said Darius Liu, Co-Founder and Chief Strategy Officer of iSTOX. “As a licensed platform for digitized securities, we are fully committed to being compliant with all necessary regulatory requirements. Mei Shern’s technical expertise and experience as a former regulator will strengthen our team and help build iSTOX’s position as a trusted, transparent, and regulated capital markets platform.”