Straits Financial Group Pte Ltd (SFGPL), a diversified financial services group headquartered in Singapore, and Jade Forest Global Limited (JFGL), a leading private fund investor in blockchain and financial technology in Vietnam, announced in October 2023 to jointly collaborate in the development of financial and commodity product offerings in Vietnam.

Vietnam's rapidly growing economy and dynamic financial landscape present opportunities for firms operating in the financial services sector. With a growing demand for diversified investment options and sophisticated trading solutions, the collaboration between SFGPL and JFGL comes at an opportune time.

As part of the strategic partnership to meet the evolving needs of market participants in Vietnam, SFGPL and JFGL will exchange market knowledge and expertise in commodity derivatives, foreign exchange, contracts for difference (CFDs), and cryptocurrency trading and will invest in innovative and cutting-edge technologies to enhance the product offerings.

SFGPL and JFGL are committed to enhance efficiency, stability, and transparency in the Vietnamese financial markets by adhering to the global standards of regulatory requirements and risk management practices. This commitment aims to instill confidence amongst the market participants.

In combining the resources and expertise of SFGPL and JFGL, the strategic partnership is well positioned to engage the market needs of the emerging investor and trader segment in Vietnam.