Signum Digital Obtained the Approval-In-Principle from the SFC on the First Security Token Offering and Subscription Platform in Hong Kong
Signum Digital Limited, ("Signum Digital") is the joint venture of Coinstreet and Somerley, and has received an approval-in-principle from the Securities and Futures Commission ("SFC") for its security token offering and subscription platform.
- Signum Digital Limited, ("Signum Digital") is the joint venture of Coinstreet and Somerley, and has received an approval-in-principle from the Securities and Futures Commission ("SFC") for its security token offering and subscription platform.
- Security tokens are a new type of blockchain-based virtual asset that may represent ownership in actual assets, such as real estate.
- Subject to satisfying the conditions for final approval from SFC, this license will allow Signum Digital to operate a security token offering and subscription platform under the brand of "CS-Pro" ( www.CSpro.io ), serving professional investors and providing funding for issuers with qualified projects in Hong Kong and international markets.
- Signum Digital aims to fill such a gap and we believe the CS-Pro security token offering and subscription platform can add much value to Hong Kong and international security token project issuers and professional investors."