Hashkey Capital Secures Full CMS License from MAS in Singapore
Hashkey Capital Singapore has achieved a significant milestone in Singapore’s digital assets landscape, as the Monetary Authority of Singapore (MAS) has granted the firm a full Capital Markets Services (CMS) license.
This approval, obtained after applying in late 2021, allows Hashkey Capital Singapore to expand its regulated fund management services and introduce capital market products to the local market. The CEO, Mr. Deng Chao, expressed the company’s commitment to contributing to Singapore’s blockchain community and shaping its future. The CMS license positions Hashkey Capital Singapore to actively participate in the growing blockchain ecosystem, aligning with Singapore’s innovative spirit.
The achievement follows a successful year for the firm, including a $500 million funding round and signals a broader regulatory acceptance of digital assets in Singapore. With operations supported by a team of approximately 40 staff members, Hashkey Capital Singapore manages over $1 billion in client assets, investing in over 500 projects across the blockchain and crypto domains.
Clever Robot News Desk 22nd December 2023
