DigiFT, a financial technology company headquartered in Singapore, recently achieved key regulatory milestones, securing its Capital Markets Services (CMS) license and Chartered Market Operator status. (RMO) from the Monetary Authority of Singapore (MAS). This development, announced today, enables DigiFT to legally manage the issuance and facilitate secondary market liquidity of security tokens on the Ethereum blockchain.
The company, which has been part of MAS’s regulatory sandbox since June 2022, is now authorized to handle on-chain securities and manage transactions under its co-investment program. With these certifications, DigiFT can provide regulated financial activities on-chain, including legally issuing and trading digital securities in both primary and secondary markets.
Under the leadership of CEO Henry Zhang, DigiFT launched its Automated Market Maker (AMM) system in 2021. The system is designed to support a liquid secondary market for bonds , stocks and other assets are tokenized.
The company’s vision is to revolutionize on-chain regulated financial activities while enhancing user experience with innovative services. These include the ability to reveal on-chain proof of assets and the ability to deploy cross-chain. The platform’s future plans involve expanding the mobile app’s reach regionally and adding features that will improve the investment process for users globally.
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