Odaily Planet Daily News SBI and SIX's joint venture AsiaNext listed its first security this month, a US Dollar Money Market Fund (MMF), and launched a digital Collateral solution.


AsiaNext launched cryptocurrency derivatives for the first time earlier this year, which do not require a license in Singapore. This is the first of three trading products.
The company holds a Singapore capital market license and a Recognized Market Operator (RMO) license, which allows it to operate an exchange. The locally issued USD MMF is the first listed security (not tokenized). The company is working with asset management companies to list other funds, including Valour, a multinational cryptocurrency ETP issuer with $900 million in assets under management.
AsiaNext
PLANET1,15%
SIX0,62%
NOT2,45%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)