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DigiFT Secures Custodial License in Singapore

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DigiFT Secures Custodial License in Singapore

DigiFT has successfully obtained a custodial license from the Monetary Authority of Singapore ( MAS ) under its existing Capital Markets Services (CMS) license

Previously, DigiFT held a CMS license for dealing in capital market products and was recognized as a Recognized Market Operator (RMO) by MAS in 2023. The firm was the first regulatory-compliant exchange for on-chain real-world assets (RWAs) to be licensed by the MAS as a Recognized Market Operator and Capital Markets Services provider

Its new custodial authorization allows DigiFT to offer end-to-end solutions for tokenized assets, streamlining the issuance, settlement, and custody of digital securities. Security and efficiency of tokenized RWAs and will also be enhanced, strengthening institutional trust in the growing decentralized finance (DeFi) ecosystem.

By allowing DigiFT to provide custodial solutions for capital market products, issuers will have greater flexibility in structuring custody arrangements while ensuring a secure and seamless experience for investors.

The authorization is also expected to enable greater operational efficiency by integrating asset issuance, settlement, and custody into a seamless process. Secondly, it enhances value for both issuers and investors by reducing time-to-market for institutional-grade digital assets and improving the overall economic model.

Finally, the new license strengthens institutional and regulatory trust, demonstrating DigiFT’s commitment to providing a compliant and secure gateway for tokenized RWAs.

“Obtaining the custodial license under our CMS framework is a key step in DigiFT’s mission to build a robust and fully compliant digital asset ecosystem,” said Henry Zhang, founder and CEO.

“By integrating custody services into our existing regulated framework, we are enhancing both security and efficiency for issuers and investors while paving the way for broader institutional adoption of tokenized assets.”

Last month, DigiFT announced a strategic collaboration with global asset management giant Invesco to introduce a tokenized senior secured loan strategy designed for institutional and accredited investors.

DigiFT, Invesco Unveil Tokenized Senior Loan Strategy for Institutional InvestorsThrough a new collaboration with Invesco, accredited investors can now access institutional-grade senior secured loans on-chain.BlockheadBlockhead

The move marks the first and only tokenized private-side senior loan strategy offering daily liquidity, a significant advancement in the real-world asset (RWA) tokenization space, the Singapore-based licensed on-chain exchange announced on Wednesday.

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