Hex Trust Gains MPI License from Singapore's MAS for Enhanced Operations
The Dawn of a New Era in Fintech Innovation: Hex Trust's Latest Triumph In the rapidly evolving world of finance and technology, a remarkable development unfolded as Hex Trust, a leader in institutional crypto custody, secured a pivotal achievement The Monetary Authority of Singapore (MAS), recognizing Hex Trust's commitment to excellence, granted it in-principle approval for a Major Payment Institution (MPI) license This signals not just a milestone for Hex Trust but a leap forward for fintech innovation in Singapore, a city-state renowned as a vibrant fintech hub A New Gateway to Digital Payment Services With the MPI license in its arsenal, Hex Trust is set to unfurl its array of services in Singapore, expanding its spectrum to include “digital payment token services ” Such services encompass the critical realms of custody and over-the-counter (OTC) trading of digital payment tokens (DPTs)...
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