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

Eddid Financial 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.