🚀 Important news from the world of cryptocurrencies! 🚀
• Hex Trust has received preliminary approval from the Monetary Authority of Singapore (MAS) to provide digital payment token services.
• This includes over-the-counter trading and custodial services to meet growing demand from institutional clients.
• Calvin Shen, managing director of Hex Trust, said the new license will help “protect and optimize clients’ digital assets with regulatory clarity.”
• Hex Trust already has licenses in Dubai, Hong Kong, Vietnam, Italy and France.
• The company plans to raise additional investment in 2024 following a successful $88 million funding round in 2022.
💬 What do you think about this news? Leave your comments below! 💬