The licence allows AsiaNext to operate an organised market for securities and collective investment schemes. The firm previously obtained an in-principle approval for the Capital Markets Services (CMS) licence on June 14.
Digital asset exchange AsiaNext has obtained its recognised market operator (RMO) licence from the Monetary Authority of Singapore on Sept 6.
AsiaNext caters exclusively to institutions. It serves as a venue for banks, family offices, asset managers, broker dealers, prime brokers, hedge funds and market makers seeking to engage in digital assets.
