The tokens will represent fractional value in real assets including green infrastructure, equity, real estate, art, Bitcoin and Ethereum. CTX will allow qualified asset owners, accredited investors, institutions, and corporations, to issue and trade in such digital assets by the second half of 2021. It will also provide settlement and custody of the tokens.
The move to launch the exchange comes after the company received Capital Market Services licenses from the Monetary Authority of Singapore in May 2021 to deal in capital market products and provide custodial services. CTX has also been granted approval-in-principle for a Recognised Market Operator license in December 2020, as well an exempt Payment Service Act licence.
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