Everything you need to know about listing your assets on the Fusang Exchange, including requirements, fees, and the application process.
Exchange & Listing Overview
What are the benefits of listing on Fusang compared to traditional exchanges?
Listing on Fusang offers several advantages over traditional exchanges:
Fast settlement: Near-instant settlement through blockchain technology, compared to T+2 or longer on traditional exchanges
Transparency: All transactions are recorded on the blockchain, providing a transparent and immutable audit trail
Encryption: Advanced encryption protocols protect all data and transactions
Reduced fees: Lower listing and operational fees compared to traditional stock exchanges
Wider investor access: Global investor base with streamlined onboarding processes
Tokenisation: Ability to fractionise assets, enabling broader participation
What assets can be listed on Fusang?
Almost every asset class can be tokenised and listed on Fusang, including but not limited to:
Equities and shares
Fixed income securities (bonds, sukuk)
Investment funds
Real estate
Commodities
Artwork and collectibles
Other exotic assets
The tokenisation process allows traditional assets to be represented as digital tokens on the blockchain, enabling fractional ownership and enhanced liquidity.
What is the difference between the Private and Public Market?
Criteria
Private Market
Public Market
Minimum requirements
Lower thresholds
Higher thresholds
Financial position
Less stringent
Comprehensive review
Business review
Simplified
Detailed
Disclosure
Limited
Full prospectus
Target investors
Sophisticated/accredited
General public
Regulatory oversight
Proportionate
Full compliance
Private Market listings are suited for issuers seeking capital from sophisticated investors with less regulatory burden, while Public Market listings provide access to a broader investor base with full regulatory compliance.
Listing Criteria
What are the listing criteria for fixed income securities?
Quantitative Requirements:
Minimum market capitalisation thresholds
Minimum operating track record
Minimum issuance size
Qualitative Requirements:
Issuer must be a properly constituted legal entity
Appropriate sponsorship arrangements (for public listings)
Demonstrated management capability and track record
Credit rating requirements (where applicable)
Proper corporate governance structures
What are the listing criteria for equities?
Quantitative Requirements:
Minimum shareholder capital requirements
Minimum market capitalisation thresholds
Free float requirements (percentage of shares available for trading)
Qualitative Requirements:
Clearly defined core business operations
Sponsorship by a licensed financial institution (public listings)
Experienced management team with relevant track record
Proper corporate governance and compliance frameworks
Services & Fees
What services does Fusang offer to issuers?
Fusang provides a comprehensive suite of services for issuers:
Onboarding: Guided process for new issuers
Deal structuring: Advisory on optimal token and listing structure
Market testing: Assessment of investor appetite and pricing
Token issuance: Technical creation and deployment of digital tokens
Settlement: Real-time settlement infrastructure
Investor KYC: Compliant investor verification and onboarding
What is the fee structure for listing?
The fee structure includes:
Listing fees: Vary between Main Board and Private Market listings
Issuance fees: Charged upon successful token issuance
Subscription fees: Annual fees for maintaining the listing
External provider fees: Costs for legal counsel, sponsorship, marketing, and fund services (paid directly to third-party providers)
Reward rebates: Available for qualifying listings based on volume and activity
Please contact our issuer services team for a detailed fee schedule applicable to your specific listing requirements.
Application Process
What documents are required for a listing application?
The following documents are typically required:
Completed listing application form
Detailed business plan
Corporate documents (Certificate of Incorporation, Memorandum and Articles of Association)
Financial statements and projections
Management profiles and CVs
Legal opinions (where applicable)
Prospectus or offering document (for public listings)
Additional documentation may be requested during the review process.
Why Labuan IBFC as the listing jurisdiction?
Labuan International Business and Financial Centre (IBFC) offers several advantages:
Innovation-friendly: Supportive regulatory environment for digital assets and fintech
Well-regulated: Compliant with international standards including FATF requirements
Mid-shore solution: Balanced regulatory approach between onshore and offshore jurisdictions
Tax efficiency: Competitive tax structures for international business
Strategic location: Access to Asian markets and global investor base
How do I apply for a listing?
To apply for a listing on Fusang Exchange:
Complete the initial questionnaire form available on our website
Our issuer services team will review your submission and arrange an introductory meeting
Upon preliminary approval, you will be guided through the full application process
Complete all required documentation and due diligence
Listing committee review and approval
Token issuance and listing
Contact our team to begin the process.
How long does the listing process take?
Typical timelines for listing:
Listing Type
Timeline
Public issuance
4-7 months
Private issuance
3-5 months
Timelines may vary depending on the complexity of the listing, the completeness of documentation, and any additional regulatory requirements.
Is there an IPO lock-up period?
No IPO lock-up period is required for listings on Fusang Exchange. However, issuers may
voluntarily implement lock-up provisions as part of their listing arrangements.
What are the listing sponsor requirements?
A listing sponsor must be a licensed financial institution regulated in their home jurisdiction. The sponsor is responsible for:
Conducting due diligence on the issuer
Ensuring compliance with listing requirements
Advising the issuer throughout the listing process
Ongoing compliance monitoring post-listing (for public listings)
Which jurisdictions are restricted?
Issuers and investors from the following jurisdictions are restricted:
North Korea
Iran
Israel
People’s Republic of China
Additional restrictions may apply based on regulatory requirements and sanctions compliance.
