Singapore, June 21, 2024 – MIO3 | Real Asset Tokenization and Hydra X (parent company of Agora X (AGX)) have entered into a Collaboration Agreement in Singapore. Both companies operate in the tokenization of real-world assets and blockchain-based platforms. The agreement represents an initial collaboration between regulated providers in El Salvador and Singapore within the digital assets sector.
The agreement enables both companies to cross-list tokenized assets and facilitate the exchange of funding and liquid capital for their clients in both countries. This structure supports capital flows between El Salvador and Singapore and connects their respective digital asset markets.
The signing of the agreement included Julio Valdés, CEO of MIO3; Felipe Nuila, CTO of MIO3; Mark Tang, Vice President of AGX; and Ng Wee Hao, COO of Hydra X. Both companies operate under regulatory frameworks designed to support security and transparency in digital asset transactions. Their teams bring experience across finance, technology, and regulatory environments, supporting the integration of blockchain infrastructure with real-world asset transactions.
“We are establishing this partnership with Hydra X and AGX as part of our expansion into new markets. This agreement allows our clients to access the Asian market while continuing to develop tokenization use cases from El Salvador,” said Julio Valdés, CEO of MIO3.
“Singapore and El Salvador are geographically distant, but technology enables closer integration between markets. This is part of a broader set of cross-border listing initiatives that aim to support joint growth,” said Mark Tang, Vice President of AGX.
The agreement creates a framework for connecting capital and investment opportunities between Singapore and El Salvador. Both countries have established regulatory environments for digital assets, which enables structured cross-border activity between their markets and regions. This collaboration positions both jurisdictions as access points for regional investment flows and contributes to the development of liquidity and capital markets.
Singapore’s regulatory framework is recognized for its structure and maturity in digital assets, supporting international investor participation. El Salvador’s digital asset law introduces a regulatory model in the region that provides legal clarity for digital asset transactions.
Through this agreement, an increase in both the volume and efficiency of capital exchange between these regions is expected. The blockchain infrastructure of MIO3, Hydra X, and AGX enables faster and more cost-efficient transactions, reducing operational barriers between markets.
About MIO3
MIO3 develops blockchain-based infrastructure for the tokenization of real-world assets. The platform focuses on enabling access to investment opportunities through digital asset structures, with an emphasis on transparency, security, and participation in capital markets.
MIO3 is licensed and regulated by the National Digital Assets Commission (CNAD) of El Salvador as a Digital Asset Service Provider (DASP) under the Digital Assets Issuance Law. The company has completed multiple tokenized project closings in El Salvador, contributing to the development of tokenization in the region.
For more information
For more information, visit our website or LinkedIn.
About AGX
AGX is a digital exchange focused on private market investments in Asia, operated by LabyrinthX Technologies Pte. Ltd., a subsidiary of Hydra X. The platform uses blockchain infrastructure to support trading, settlement, and access to alternative assets, including private equity and debt instruments.
AGX is licensed by the Monetary Authority of Singapore as a Recognised Market Operator (RMO) under the Securities and Futures Act.
For more information, visit our website, LinkedIn, or Instagram.
About Hydra X
Hydra X Pte. Ltd. is a regulatory-compliant platform providing infrastructure for tokenized financial ecosystems. It offers end-to-end solutions for the issuance and trading of tokenized assets, supporting institutional adoption within digital capital markets.
Led by founding CEO Daryl Low, Hydra X’s management team brings experience across finance, regulation, law, and technology.
Explore further
If you want to go deeper, these are natural next steps:
- El Salvador at the official launch of the Global Regulated Asset & Digital Exchange Alliance (GRADE Alliance)
- MIO3 and Calidad Inmobiliaria advance real estate development in El Salvador through tokenization
- MIO3 tokenizes real estate project in Playa El Zonte, Surf City, El Salvador
- The first successfully tokenized real estate project in El Salvador
