Cryptocurrency Q&A Is ADX a government company?

Is ADX a government company?

Stefano Stefano Tue Oct 22 2024 | 7 answers 1556
I'm trying to figure out if ADX is a government-owned company. I'm looking for clarification on its ownership structure, specifically whether it's under the control or ownership of any governmental entity. Is ADX a government company?

7 answers

GwanghwamunGuardianAngelWingsBlessing GwanghwamunGuardianAngelWingsBlessing Wed Oct 23 2024
On March 17th, 2020, ADX underwent a significant transformation as it shifted its status from a "Public Entity" to a "Public Joint Stock Company PJSC," adhering to the provisions outlined in Law No. (8) of 2020.

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Chloe_carter_model Chloe_carter_model Wed Oct 23 2024
Being part of ADQ underscores ADX's strong ties to the region's economic growth engines, enabling it to leverage the vast resources and expertise of its parent company to drive innovation and progress.

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Carlo Carlo Wed Oct 23 2024
This transformation marked a pivotal moment for ADX, reinforcing its commitment to adhering to the latest legal frameworks and enhancing its corporate governance structure.

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KatanaBladed KatanaBladed Wed Oct 23 2024
With this new status, ADX is well-positioned to capitalize on the evolving trends in the financial industry, particularly in the realm of digital assets and blockchain technology.

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SamsungSpark SamsungSpark Wed Oct 23 2024
As a result of this change, ADX is now poised to tap into new opportunities for growth and expansion, further solidifying its position in the region's financial landscape.

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