• Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
What's Hot

Nothing Phone (3) has ditched its USP – and it’s all the better for it

July 1, 2025

How to Extract an Object From Any Image on Your iPhone

July 1, 2025

Apple Intelligence Comes to Pixelmator Pro

July 1, 2025
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
  • Fintech
  • Startup
  • Games
  • Ar & Vr
  • Reviews
  • How To
  • More
    • Mobile Tech
    • Pc & Laptop
    • Security
Behind The ScreenBehind The Screen
Home»Fintech»MAS grants Capital Markets Services licence to SBI Digital Markets
Fintech

MAS grants Capital Markets Services licence to SBI Digital Markets

September 17, 2022No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Cion Digital names Sundar Nagarathnam COO
Share
Facebook Twitter LinkedIn Pinterest Email

SBI Digital Markets Pte. Ltd. (SBI DM), a subsidiary of Tokyo-based SBI Digital Asset Holdings (DAH), has simply been awarded the Financial Authority of Singapore’s (MAS) Capital Markets Companies (CMS) Licence. SBI DM acquired In-Precept Approval for its CMS licence from the MAS again in early Might 2022.

SBI DM might be conducting regulated actions throughout advising on company finance, dealing in capital markets merchandise, and offering custodial companies. SBI DM might be main the best way in capital markets digital belongings, constructing an ecosystem focused straight on the rising demand for private and non-private institutional digital belongings.

SBI DM plans to launch its proprietary digital asset securities platform, offering an end-to-end resolution to assist conventional monetary service operators seize development alternatives fuelled by the arrival of digital belongings.

SBI DM was created in late 2020 with the ambition of turning into a top-tier Singapore-based digital asset enterprise for monetary establishments. It’s a subsidiary of SBI Digital Asset Holdings Co., Ltd. (SBI DAH) which is a digital asset arm of main monetary conglomerate SBI Group. One of many largest Japanese personal fairness corporations, SBI Group additionally has the best variety of securities accounts in Japan. It has over 200 associates throughout 21 markets, spanning various enterprise akin to Monetary Companies, Asset Administration and Biotechnology.

Commenting on the award of the MAS’ CMS Licence, Winston Quek, Chief Government Officer SBI Digital Markets stated, “Being awarded this licence and the backing of the SBI group sends a message that we’re a first-choice institutional digital asset securities issuance platform to monetary establishments within the area. Singapore’s monetary regulatory system is among the many most revered on the planet for its rigour and transparency, so MAS’s licence alerts the requirements at which we’ll function to our potential companions.”

See also  CommBank venture scaler x15 seeks founders shaping the future of payments

Fernando Luis Vázquez Cao, CEO of SBI Digital Asset Holdings, SBI Safety Options, and SBI DigiTrust stated, “That is an thrilling milestone for SBI Digital Markets, which is able to play a serious half in SBI DAH’s core mission to re-imagine and rework capital markets and banking worth chains via the deployment of digital expertise.

Source link

capital digital grants licence markets MAS SBI Services
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Google Just Gave Us a Hint on Where Apple’s Digital IDs Could Appear Next

April 30, 2025

16 Reasons to Choose Digital Books Over Physical Ones

February 17, 2024

Are Digital Driver’s Licenses a Matter of Time Everywhere?

January 26, 2024

Apple Changes Course on Cloud Gaming Services

January 26, 2024
Add A Comment

Comments are closed.

Editors Picks

11 Ways To Be More Convincing When Pitching An Idea To Your Manager

August 5, 2022

 The Facebook Watch app may no longer support Apple TV

June 27, 2022

With the big boys out to lunch, Focus Home Interactive stole the show at Gamescom

September 4, 2022

Why This Is the No. 1 iPhone Battery Killer per WSJ

October 7, 2023

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

Nothing Phone (3) has ditched its USP – and it’s all the better for it

How to Extract an Object From Any Image on Your iPhone

Apple Intelligence Comes to Pixelmator Pro

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2025 behindthescreen.fr - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.