Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • SUBMIT
Crypto Flexs
Home»ETHEREUM NEWS»DigiFT becomes Singapore’s first regulated public blockchain exchange for asset tokenization.
ETHEREUM NEWS

DigiFT becomes Singapore’s first regulated public blockchain exchange for asset tokenization.

By Crypto FlexsDecember 5, 20232 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
DigiFT becomes Singapore’s first regulated public blockchain exchange for asset tokenization.
Share
Facebook Twitter LinkedIn Pinterest Email

Ethereum-based digital asset exchange DigiFT said in a statement on November 5 that it has received a Capital Market Services (CMS) license and is recognized as a Recognized Market Operator (RMO) by the Monetary Authority of Singapore. CryptoSlate.

The CMS License authorizes DigiFT to handle regulatory activities related to securities and collective investment scheme (CIS) units in Singapore and facilitate the issuance of security tokens. On the other hand, being recognized as an RMO allows you to manage a public blockchain-based secondary trading market for security tokens.

“This milestone officially establishes us as the first regulated exchange on a public blockchain for on-chain real-world assets,” DigiFT said.

The exchange emphasized that securing a license reflects its commitment to regulatory compliance and is a pivotal step in shaping the capital markets of the future. DigiFT aims to integrate blockchain technology with existing financial methodologies to achieve these goals.

Henry Zhang, Founder and CEO of DigiFT, said:

“Securing both CMS licensing and RMO recognition is an important milestone in our journey to enable regulated access to on-chain financial opportunities. As the first exchange on a public blockchain to use the AMM mechanism for secondary transactions, as RMO we will continue to enable innovation at the intersection of finance and blockchain technology, including the tokenization of real-world assets.”

DigiFT focuses on tokenizing real-world assets and making them available on-chain. The platform was founded in 2021 and joined Singapore’s fintech regulatory sandbox in June 2022.

The platform was the first exchange to use automated market making (AMM) mechanisms in a sandbox to cover capital markets products by facilitating the issuance of security tokens and operating an organized market for secondary trading.

Over the past year, Singapore has emerged as a notable hub for emerging industries, actively introducing new regulations to better protect citizens from the risks of emerging industries.

DigiFT becomes Singapore’s first regulated public blockchain exchange for asset tokenization. First appeared on CryptoSlate.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Fusaka Update – Information for Blob Users

October 18, 2025

Class action lawsuit claims Microsoft choked AI supply to drive up ChatGPT costs

October 14, 2025

‘OG’ Whale Attracts Over $400 Million in Bearish BTC Bet

October 10, 2025
Add A Comment

Comments are closed.

Recent Posts

5 Best Crypto Flash Crash And Buy The Dip Crypto Bots (2025)

October 18, 2025

Billionaire Tim Draper Leads $3.2M Seed Round For Ryder To Replace Seed Phrases With TapSafe Recovery

October 18, 2025

IRANcoin Global Reserve (IRCOIN) launches to reshape global digital payments

October 18, 2025

Fusaka Update – Information for Blob Users

October 18, 2025

6 Best AI Quant Bots To Use In 2025: Smarter Trading Starts Here

October 18, 2025

BTC RSI hits April low as Coinbase premium turns red.

October 18, 2025

The Great Inheritance and Crypto: What you need to know.

October 17, 2025

6 Best AI Quant Bots To Use In 2025: Smarter Trading Starts Here

October 17, 2025

AI and Bitcoin mining stocks soar after OpenAI closes multibillion-dollar chip deal with AMD

October 17, 2025

MEXC Celebrates ZEROBASE (ZBT) Listing With Airdrop+ Event Featuring 55,000 USDT Prize Pool

October 16, 2025

How MasterQuant’s AI Trading Bot Is Becoming Every Investor’s Favorite Trade Machine

October 16, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

5 Best Crypto Flash Crash And Buy The Dip Crypto Bots (2025)

October 18, 2025

Billionaire Tim Draper Leads $3.2M Seed Round For Ryder To Replace Seed Phrases With TapSafe Recovery

October 18, 2025

IRANcoin Global Reserve (IRCOIN) launches to reshape global digital payments

October 18, 2025
Most Popular

What the SEC’s lawsuit against Coinbase means for the exchange’s pivotal role in spot Bitcoin ETFs

January 8, 2024

Why should you invest in tokenized gold, and why should you invest through TVVIN?

July 4, 2024

MAG is ready to release $ MBG and a Multibank group that teaches $ 3 billion in real estate assets

May 6, 2025
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.