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SINGAPORE – DigiFT, a Singapore-based monetary expertise agency, has just lately achieved vital regulatory milestones, securing a Capital Markets Companies (CMS) license and Acknowledged Market Operator (RMO) standing from the Financial Authority of Singapore (MAS). This improvement, introduced right this moment, permits DigiFT to legally handle the issuance and facilitate secondary market liquidity for safety tokens on the blockchain.
The corporate, which has been a part of MAS’s regulatory sandbox since June 2022, is now approved to deal with on-chain securities and handle co-investment scheme transactions. With these accreditations, DigiFT can supply regulated monetary actions on-chain, together with the authorized issuance and buying and selling of digital securities inside each main and secondary markets.
Below the management of CEO Henry Zhang, DigiFT launched an Automated Market Maker (AMM) system in 2021. This technique is designed to help liquid secondary markets for tokenized bonds, equities, and different property.
The corporate’s imaginative and prescient is to revolutionize regulated monetary actions on-chain whereas enhancing person expertise with revolutionary choices. These embody on-chain proof-of-asset disclosure and cross-chain deployment capabilities. The platform’s future plans contain increasing the attain of its cellular utility regionally and including options that may enhance the funding course of for customers globally.
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