TechFlow reports that on October 30, Fly Wing Technologies Pte Ltd ("Fly Wing"), a Singapore subsidiary of Matrixport, announced it has received in-principle approval from the Monetary Authority of Singapore (MAS) for a Major Payment Institution License (MPI).
Founded in 2019, Matrixport is a leading global and Asia's largest one-stop cryptocurrency financial services platform, dedicated to building a super account integrating functions such as digital asset trading, investment, lending, custody, RWA, and research. It manages and custodies up to $6 billion in assets.
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