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Sygnum gets MAS go-ahead for asset-management ops

Vivienne Tay

Vivienne Tay

Published Thu, Oct 31, 2019 · 09:50 PM

Singapore

SINGAPORE-FOCUSED tokenisation startup Sygnum has obtained a capital markets services licence from the Monetary Authority of Singapore (MAS).

With the licence, the Singapore- and Switzerland-based firm will be able to conduct asset-management activities in Singapore. It will focus mainly on digital-asset investment strategies for accredited and institutional investors, it said on Thursday.

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