SpaceX and Grab Shares Head to Singapore Exchange via SDRs

The Singapore Exchange confirmed that these additions offer direct exposure to high-growth sectors while settling trades in local currency. This expansion reflects a broader strategy to simplify access to international equities that were previously shielded by exchange-rate friction and mismatched time zones.

Interest in depository receipts has accelerated recently, with the exchange reporting a sharp rise in average daily turnover. This momentum is largely attributed to record-high engagement from retail investors looking for seamless ways to diversify portfolios without navigating the complexities of foreign brokerage accounts.