The case for VCC security tokens
Absence of administrative protocols makes VCC funds particularly conducive for tokenisation, say InvestaX and partners in proof-of-concept study
Singapore
SINGAPORE'S Variable Capital Company (VCC) vehicles have allowed more flexibility for investors, with family offices and alternative asset managers setting up VCCs to take advantage of a streamlined structure that can make it more efficient to set up shop here.
But the structure, formally introduced in January 2020, is by nature missing prescribed administrative protocols, which makes it hard for units of such funds to be traded.
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