There aren’t yet a huge number of regulated venues for security tokens, but Singapore based AsiaNext is one of them. This month it listed its first security, a USD money market fund (MMF), and launched a novel digital collateral solution.
AsiaNext was founded as a joint venture between Switzerland’s SIX and Japan’s SBI Holdings. Both companies have a pedigree with digital securities secondary markets in SDX and ODX respectively. However, AsiaNext first launched with crypto derivatives at the start of this year. They don’t require a license in Singapore.
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