Capital.
ASF Capital is an AFSL-licensed financial services business and AUSTRAC-registered Virtual Asset Service Provider, connecting Australian and globalmarkets through financial advisory services, developing wholesale funds management capabilities, and the proposed AUSDEX institutional digital asset platform.
Core capabilities.
ASF Capital’s financial services strategy spans three areas: established financial advisory services, developing wholesale funds management capabilities, and the proposed AUSDEX institutional digital asset platform.
I
Capital markets and advisory
Providing financial advisory services to selected Australian and international businesses, including public listings, capital raising, strategic transactions, and business expansion, with particular experience supporting cross-border activity between Australia and Asia.
II
Funds and investment vehicles
III
Institutional digital asset platform
Built on a regulated foundation.
ASF Capital holds Australian Financial Services Licence No. 245578, with authorisations covering specified financial product advice, dealing in select financial products, and custodial or depository services to wholesale clients.
CROSS-BORDER EXPERTISE
Bridging Australia and Asia
ASF Capital’s international network and experience support its strategy of facilitating two-way capital flows between Australia and Asia, including engagement across key Asia-Pacific financial centres.
INSTITUTIONAL GOVERNANCE
ASX-listed parent governance
ASF Capital is a wholly owned subsidiary of ASF Group Limited (ASX:AFA) and operates within the Group’s governance and Board oversight framework.
The AUSDEX platform.
Proposed institutional digital asset platform — being developed for wholesale and institutional markets.
AUSDEX
What is AUSDEX?
ASF Capital is developing AUSDEX as a proposed institutional digital asset platform focused on wholesale and institutional participants. ASF Capital holds Australian Financial Services Licence No. 245578 and maintains its registration with AUSTRAC as a Digital Currency Exchange provider. AUSDEX remains pre-commercial, with commercial operations to commence following completion of operational readiness, Board approval and compliance with applicable regulatory requirements.
Institutional-grade platform development
Developed to provide a reliable and institutionally acceptable digital asset platform for wholesale and sophisticated investors, with an emphasis on robust infrastructure, operational resilience and professional market standards.
Regulatory & operational readiness
Developed within ASF Capital’s governance, AFSL and AUSTRAC compliance framework, with commercial operations subject to Board approval, operational readiness and applicable regulatory requirements.
Scalable digital infrastructure
Developed with a modular and scalable architecture designed to support secure market connectivity, execution, settlement and institutional servicing as the business develops.
Institutional markets experience.
Michael Go
Chair of ASF Capital
An experienced financial markets executive and board director with more than 30 years of leadership across capital markets, regulated financial services, fintech, and digital-asset infrastructure. He has held senior regional and global roles with ABN AMRO Bank, National Australia Bank, and Thomson Reuters, and previously served as Chief Executive Officer of the Sydney Stock Exchange.
Mr Go brings extensive expertise in governance, risk management, AFSL-regulated operations, electronic trading, and market-infrastructure development across Australia, Asia–Pacific, Europe, and the United Kingdom. He currently serves on several boards across financial services, technology, and social-impact sectors. Mr Go holds an MBA (International Business) from the University of Sydney and has completed RG146 (Derivatives) with Financial Education Professionals.