Investment brokerage firm Signum Digital has been approved by the Hong Kong Securities and Futures Commission to provide an STO platform for professional investors

ChainCatcher news, investment brokerage firm Signum Digital has obtained in-principle approval from the Hong Kong Securities and Futures Commission (SFC) to provide a security token offering (STO) issuance and subscription platform for professional investors. The tokens issued will be traded on the blockchain and associated with various asset classes, such as private equity, real estate, art, and collectibles.

It is reported that Signum Digital is a joint venture between digital asset consulting firm Coinstreet Holdings and Hong Kong financial group Somerley Capital Holdings, providing brokerage and distribution services to professional investors through STO. (Source link)