ChainCatcher news, according to Ledger Insights, the joint venture between SBI and SIX, AsiaNext, has listed its first security this month, which is a U.S. dollar money market fund (MMF), and launched a digital collateral solution.AsiaNext first introduced crypto derivatives earlier this year, which do not require a license in Singapore. This is the first of three trading products.The company holds a capital markets license and a recognized market operator (RMO) license in Singapore, allowing it to operate an exchange. The locally issued USD MMF is the first listed security (not a tokenized security). The company is working with asset management firms to list other funds, including Valour, a multinational cryptocurrency ETP issuer managing assets of up to $900 million.AsiaNext also plans to establish a third spot cryptocurrency trading venue and has applied for a major payment institution license. Meanwhile, the company has launched the AsiaNext Operations Layer (AXOL), which integrates the operations of three trading venues.