Rebeca Moen
March 06, 2025 01:28
Fly Wing Technologies, a Matrixport subsidiary, acquires a major payment agency license from Singapore MAS to strengthen digital finance offerings in the Asia -Pacific region.
Fly Wing Technologies PTE LTD, a subsidiary of Matrixport, has successfully obtained a major payment agency (MPI) license from the Monetary Authority of Singapore (MAS). This development is an important milestone for the company, strengthening its promise to compliance and operation of the digital finance sector.
Strengthening digital financial services
This new license allows the Fly Wing to improve the role as a prescription entrance (OTC) desk that can be purchased without a reliable prescription in Singapore. This approval reflects the devotion of Fly Wing to comply with Singapore’s strict financial regulatory standards, following the initial primary consent received in October.
The MPI license allows Fly Wing to provide a comprehensive digital payment token service to fully access blockchain -oriented financial solutions for customers. The company aims to support both encryption and traditional financial sectors to promote more than $ 100 million in monthly transactions and provide liquidity for major cryptocurrency.
Matrixport’s vision for expansion
John GE, co -founder and CEO of Matrixport, expressed his passion for Fly Wing’s license achievements. He emphasized that this development is pivotal to the strategic expansion of Matrixport in the Asia -Pacific region. “We expect Singapore users to provide high -quality digital payment token services to Singapore users.
The parent company, Matrixport, is a major digital asset financial service platform with executives of $ 6 billion. We offer a wide range of services, including encryption transactions, investment and custody, to global users. The continuous expansion of the company is supported by various licenses, including the licenses of Hong Kong, Switzerland and the current Singapore.
For Fly Wing Technologies
Founded in 2019, Fly Wing Technologies provides services to a variety of customer groups, including encryption miners, trading companies and individuals. The company specializes in OTC services, allowing customers to make digital payment tokens efficiently off -lamps and off -lamps.
With the MAS acquisition of MPI license, Fly Wing can strengthen its existence in the digital financial industry to provide continuous innovation and safe and transparent services to users.
For more information, visit the official MATRIXPORT blog.
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