A subsidiary of the Catalist-listed VCPlus Limited has received in-principle approval from the Monetary Authority of Singapore (MAS) to provide custodial services for capital market products, including tokenised securities.
In a Nov 18 press release, the subsidiary, Custody Plus, announced its successful application for a capital markets services licence.
VCPlus Limited, formerly Anchor Resources, is a financial technology company listed in Singapore. Its fintech business offers consultancy services related to financial and blockchain technology and fintech regulation and licensing.
