Singapore Branch of UP Fintech Holding Limited Receives Formal Approval for Securities Trading and Clearing in Singapore

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BEIJING, Nov. 05, 2021 (GLOBE NEWSWIRE) – UP Fintech Holding Limited (Nasdaq: TIGR) (“UP Fintech” or the “Company”), a leading online brokerage firm focused on global investors, announced today as its Singapore subsidiary, Tiger Brokers (Singapore) Pte. Ltd. (“TBSPL”) has officially received approval to be admitted as a Trading Member of Singapore Exchange Securities Trading Limited (“SGX-ST”) and Singapore Exchange Derivatives Trading Limited (“SGX-DT”) and Clearing Member of The Central Depository (Pte) Limited (“CDP”) of Singapore Exchange Ltd (“SGX”).

The Company plans to use these approvals to improve the user experience and the services it provides to customers. TBSPL looks forward to developing its partnerships with SGX and strengthening its presence in the Singapore market.

About UP Fintech Holding Limited

UP Fintech Holding Limited is a leading online brokerage firm focused on global investors. The Company’s proprietary mobile and online trading platform enables investors to trade stocks and other financial instruments on multiple exchanges across the globe. The Company offers innovative products and services as well as a superior user experience to customers through its “mobile first” strategy, which allows it to better serve and retain existing customers as well as attract new ones. The Company offers its clients comprehensive brokerage and value-added services, including trade order placement and execution, margin financing, IPO subscription, ESOP management, education investors, community discussion and customer support. The Company’s proprietary infrastructure and state-of-the-art technology are capable of supporting transactions across multiple currencies, multiple markets, multiple products, multiple venues and multiple clearing houses.

For more information about the Company, please visit: https://ir.itiger.com.

Safe Harbor Declaration

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements may be identified by words such as “may”, “could”, “aim”, ” likely, ““ will ”,“ expects ”,“ anticipates ”,“ the future ”,“ intends ”,“ plans ”,“ believes ”,“ believes ”and similar statements or expressions. Among other statements, the business outlook and management quotes in this announcement, as well as the Company’s strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports to the United States Securities and Exchange Commission (“SEC”) on Forms 20-F and 6-K, in its annual report to shareholders, in press releases and other written materials and oral statements made by its officers, directors or employees to third parties, including the results conference call. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including, but not limited to, the following: cooperation with Interactive Brokers LLC and Xiaomi Corporation and its affiliates; the Company’s growth strategies; trends and competition in global financial markets; changes in the Company’s revenues and certain cost or expense accounting policies; the effects of the global COVID-19 pandemic; and government policies relating to the Company’s industry and general economic conditions in China and other countries. Further information regarding these and other risks is included in documents filed by the Company with the SEC, including the Company’s annual report on Form 20-F filed with the SEC on April 28, 2021. All the information provided in this press release and in the attachments is as of the date of this press release, and the Company assumes no obligation to update any forward-looking statement, except as required by applicable law. Further information regarding these and other risks is included in the Company’s filings with the SEC.

For investor and media inquiries, please contact:

Investor Relations Contact
Clark S. Soucy
UP Fintech Holding Limited
Email: [email protected]

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