Singapore RWA tokenization platform DigiFT granted custodial license from MAS

cryptonews.net 03/03/2025 - 11:14 AM

DifiFT Receives Custodial License from Singapore’s Monetary Authority

DifiFT, a platform for tokenizing real-world assets, has been granted a custodial license by the Monetary Authority of Singapore (MAS), allowing it to add custody services for tokenized assets.

DigiFT operates on the Ethereum blockchain and was already approved to function as a trading platform for security tokens and provide financial services. The acquisition of the custodial license now enables DigiFT to manage the entire process of issuing, trading, and storing blockchain-based security tokens in-house, eliminating the need for external partners.

> “Obtaining the custodial license under our CMS framework is a key step in DigiFT’s mission to build a robust and fully compliant digital asset ecosystem. By integrating custody services into our existing regulated framework, we are enhancing both security and efficiency for issuers and investors while paving the way for broader institutional adoption of tokenized assets,”
> said Henry Zhang, Founder & CEO at DigiFT.

Founded in 2021, DigiFT is a Singapore-based fintech company running a regulated digital asset exchange, where asset owners can issue blockchain-based security tokens and investors can trade them with continuous liquidity through an Automated Market Maker mechanism.

DigiFT specializes in tokenizing real-world financial assets, including private credit funds and money market funds. In February 2025, the company announced a partnership with Invesco to offer a tokenized version of a $6.3 billion private credit fund, aimed at providing accredited and institutional investors access to Invesco’s private credit strategies via its platform.

Additionally, in November 2024, DigiFT collaborated with UBS Asset Management to launch ‘uMINT,’ UBS’s first tokenized money market fund, granting investors access to a tokenized form of UBS’s USD Money Market Investment Fund.


Related

  • Singapore introduces frameworks to commercialize tokenization in financial markets
  • DigiFT to tokenize Invesco’s $6.3B private credit fund



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