🚀 DigiFT Secures Custodial License From Singapore's Monetary Authority
#DigiFT #CustodialLicense #Singapore #MonetaryAuthority #DigitalAssets #Fintech #CapitalMarkets #MarketOperator #CMS #ForesightNews
According to Foresight News, Fintech Singapore reports that digital asset trading platform DigiFT has obtained a custodial license from the Monetary Authority of Singapore. This license allows DigiFT to offer custodial services for capital market products, building on its status as a recognized market operator (RMO) and CMS provider approved by the authority.
Previously, Foresight News reported that DigiFT was awarded a capital markets services (CMS) license by the Monetary Authority of Singapore in December 2023 and was certified as a recognized market operator (RMO).#DigiFT #CustodialLicense #Singapore #MonetaryAuthority #DigitalAssets #Fintech #CapitalMarkets #MarketOperator #CMS #ForesightNews
🚀 DBS Bank Launches Tokenized Structured Notes on Ethereum Blockchain
#DBS #Bank #TokenizedNotes #Ethereum #Blockchain #CryptoAssets #Liquidity #Investors #ADDX #DigiFT #HydraX #StructuredNotes #FinancialInnovation #ETH
According to PANews, Singapore's largest bank, DBS, has announced the issuance of tokenized structured notes on the Ethereum blockchain. These notes are available to qualified and institutional investors through local exchanges ADDX, DigiFT, and HydraX. The initial offering is a participatory note linked to crypto assets, providing cash settlement when prices rise and limiting losses when prices fall. The unit price of the notes has been reduced from the traditional $100,000 to $1,000, enhancing liquidity and trading convenience. In the first half of 2025, the trading volume of related products exceeded $10 billion, with a nearly 60% quarter-on-quarter growth in Q2. DBS plans to expand its offerings to include equity and credit-linked notes in the future.#DBS #Bank #TokenizedNotes #Ethereum #Blockchain #CryptoAssets #Liquidity #Investors #ADDX #DigiFT #HydraX #StructuredNotes #FinancialInnovation #ETH
🚀 Hong Kong Approves DigiFT, Chainlink, and UBS Collaboration Project
#HongKong #DigiFT #Chainlink #UBS #Cyberport #DigitalAssetPilotScheme #TokenizedProductContracts #DTA #RegulatedDistributorSmartContracts
According to Foresight News, the collaboration project proposal involving digital asset trading platform DigiFT, Chainlink, and UBS has received approval from Hong Kong's Cyberport and the Digital Asset Pilot Scheme. The project outlines specific workflows, including the deployment and configuration of tokenized product contracts by UBS Tokenize, the construction of a DTA framework by Chainlink, and the connection of regulated distributor smart contracts by DigiFT.#HongKong #DigiFT #Chainlink #UBS #Cyberport #DigitalAssetPilotScheme #TokenizedProductContracts #DTA #RegulatedDistributorSmartContracts