SG Digest: Keppel-managed fund acquires Wevolve; Upbit Singapore bags MPI licence
A Keppel-managed fund has acquired Wevolve for around $261 million, while Upbit's Singapore arm has received an MPI licence from MAS.
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A Keppel-managed fund has acquired Wevolve for around $261 million, while Upbit's Singapore arm has received an MPI licence from MAS.
SINGAPORE, Jan. 8, 2024 /PRNewswire/ -- Upbit Singapore is thrilled to announce a strategic achievement on its journey in the regulated digital asset
Upbit Singapore is thrilled to announce a strategic achievement on its journey in the regulated digital asset ecosystem. The Monetary Authority of Singapore (MAS) has granted a Major Payment Institution (MPI) licence to Upbit Singapore.
Upbit Singapore receives MPI Licence from the MAS
Tokenization converts tangible real-world assets, like real estate, art and commodities, into digital tokens that can be traded and owned on blockchain platforms.