Signum’s CS-Pro will offer security tokens in Hong Kong.
that it has received an approval-in-principle from the Hong Kong Securities and Futures Commission for its security token offering and subscription platform.
Security tokens are a new category of digital assets built on blockchain technology representing ownership of tangible assets, such as private equities, real estate, art and collectibles. By being linked to real-world assets, the tokens may lower risks for potential investors, facilitate research processes and provide a foundation for the market value of the investment opportunity.
Signum Digital has claimed that, following the receipt of final authorization from Hong Kong’s SFC, it will manage the STO platform using the brand name “CS-Pro.“ This platform will be a pioneering development in Hong Kong, according to Signum.for virtual asset trading platforms and urged the general public to provide their input.
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