Hong Kong Advent Finance has been approved for a Singapore capital markets services license and plans to expand its local business into areas such as virtual assets

CoinVoice has recently learned that according to the latest official information, Eddid Financial Singapore Pte. Ltd., a wholly-owned subsidiary of Hong Kong financial group Eddid Financial in Singapore, has been approved in principle by the Monetary Authority of Singapore (MAS) for its application for a capital market services license. After the license is officially approved, it can provide customers with capital market product transactions, product financing, custody services, etc.

Ed Finance said that in the future it will actively expand its local business to virtual assets, corporate financing and fund management, and will set up an office in Singapore. [Original link]