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Catalist-listed VCPlus receives MAS approval to provide custodial services for tokenised securities

Jovi Ho
Jovi Ho11/18/2022 07:37 AM GMT+08  • 3 min read
Catalist-listed VCPlus receives MAS approval to provide custodial services for tokenised securities
Clarence Chong, CEO of VCPlus. Photo: Albert Chua/The Edge Singapore
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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.

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