Wealthtech

VC Plus Gets In-Principle Approval to Provide Custodial Services for Digital Assets

Investment firm VC Plus announced that its subsidiary Custody Plus has received in-principle approval for a Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS). This allows Custody Plus to provide custodial services for capital market products,

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ADDX Extends Pre-series B Round With US$20 Million Raise Led by Korea’s KB Securities

Global private market exchange ADDX announced that it has raised approximately US$20 million in an upsized Pre-Series B round led by KB Securities, a subsidiary of Korea’s KB Financial Group (KBFG). The round kicked off in May 2022 when ADDX

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HashKey Capital Secures In-Principle Approval CMS License

HashKey Capital announced at the Singapore Fintech Festival that it has received in-principle approval for the Capital Markets Services license from the Monetary Authority of Singapore. A full Capital Markets Services license would allow the company to conduct fund management

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MAS Completes Its First Digital Asset Live Trades Under Project Guardian

The Monetary Authority of Singapore (MAS) announced that Project Guardian, its project exploring decentralised finance (DeFi) applications in wholesale funding markets, has completed its first live trades. The trades were conducted under Project Guardian’s first industry pilot which saw DBS,

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Singapore, China Strengthen Green Finance and Capital Market Cooperation

New initiatives to expand cooperation in green finance and deepen capital market linkages with China were recently announced by the Monetary Authority of Singapore (MAS) at Singapore’s 18th Joint Council for Bilateral Cooperation (JCBC).  Among the initiatives is the establishment

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Wise Granted CMS License to Launch Its New Investment Product

Online money transfer service Wise has received a Capital Markets Services license from the Monetary Authority of Singapore (MAS), allowing it to bring its new investment product to the country. The announcement, which was made at the Singapore Fintech Festival,

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Singaporeans View Digital Technology as Critical to Support Longevity

In the face of increasing life expectancy, Singaporeans are confident that personal health and financial technologies will play a critical role in helping them manage their lives, a new study commissioned by Prudential Singapore and conducted by Economist Impact found.

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The 1st Foreign Owned Company in Japan to Successfully Apply a Financial Services Intermediary License

Singapore Japan Mobile Labs (SJ Mobile Labs Pte Ltd.) was launched in late 2021 to tackle the massive social problem of helping Japanese savers to put their financial assets to work. The team led by co-founders Samantha Ghiotti and Liam

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Leverage in Forex Cent Account for Beginners

For those just starting out in forex trading, leverage can be a confusing concept. That’s why we decided to explain what leverage is, and how it works in a cent account forex so that you can use it safely to

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