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
Add BT as a preferred source
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.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Malaysia’s 8th richest man Jeffrey Cheah wants Sunway business to last 10 generations
Wing Tai, Metro outbid 5 others for Dunearn Road site with bullish S$1,625 psf ppr bid at just under S$533 million
How China’s young workers are securing their future even as AI disrupts job market, triggers pay cuts
