TradeTogether receives in-principle approval from the Monetary Authority of Singapore (MAS) for a Capital Markets Services (CMS) license.
The approval allows TradeTogether to meet regulatory conditions for full licensing and expand its fund management activities, focusing on tokenised capital market products under Singapore's regulatory framework.
TradeTogether aims to surpass $100 million in assets under management and plans to provide access to tokenised real-world assets through partnerships with financial institutions.
The company intends to launch its business-to-business services in late 2025.