Matrixport announced that its subsidiary Fly Wing has obtained a payment service license issued by the Monetary Authority of Singapore

ChainCatcher news, according to an official disclosure from Matrixport, its subsidiary Fly Wing has obtained a payment service license issued by the Monetary Authority of Singapore (MAS), allowing it to provide digital payment token services in Singapore.

The company stated that Singapore, as a major financial center in Asia, this license will help Matrixport further expand its business layout in the Asia-Pacific region, while providing customers with more compliant and secure digital asset services.