The stockbrokerage venture of business tycoons Tony Tan Caktiong and Edgar “Injap” Sia II is gearing for a full-scale launch by April this year after recently obtaining clearance from the Philippine Stock Exchange.
Called DragonFi Securities, the brokerage firm intends to offer a “best-in-class” stock trading platform following a beta testing phase that will run for a few weeks.
“DragonFi is the perfect vehicle to uphold our shared belief in the primacy of investing towards long-term wealth creation,” Sia said in a statement.
DragonFi recently received the certification from the PSE for its web and mobile trading platforms.
The company also underscored the development of a “technology driven ecosystem of wealth building tools with the goal of improving investment outcomes.”
“The achievement of this milestone brings DragonFi a step closer towards unveiling our best-in-class stock trading platform that will thrill professional and aspirational investors alike,” said DragonFi CEO Jon Carlo Lim.