Singapore-based digital assets exchange DigiFT has become the first regulated public blockchain exchange for asset tokenization in the country. The exchange has received a Capital Market Services (CMS) license and has been recognized as a Recognized Market Operator (RMO) by the Monetary Authority of Singapore. This license allows DigiFT to handle regulated activities involving securities and collective investment scheme units, as well as facilitate security token issuance. As an RMO, the exchange is empowered to manage a public blockchain-based secondary trading market for security tokens. DigiFT aims to merge blockchain technology with conventional financial methodologies to shape the future of capital markets. The platform focuses on tokenizing real-world assets and making them available on-chain. Singapore has emerged as a notable hub for the emerging industry, actively introducing new regulations to better protect its citizens from the risks associated with digital assets.

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Information	Details
Geography	Asia
Countries	🇸🇬
Sentiment	very positive
Relevance Score	1
People	Henry Zhang
Companies	Monetary Authority of Singapore, DigiFT, Singapore Fintech Regulatory Sandbox
Currencies	Ethereum
Securities	None