Catalist-listed Anchor Resources has received approval from shareholders to expand beyond its core mining business into the fintech sector, as well as to change its name to VCPlus.

According to an SGX filing dated April 29, the company intends to provide “custodian services” for digital assets. Customers will be able to keep digital assets with the company, which will use safe key management to ensure the assets are secured cryptographically.

Besides the custodian business, the company also plans to provide consultancy services with regards to fintech regulation, licencing, as well as the adoption of fintech strategies and technology.

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