Imagine a special digital bank for money and investments, but everything is super secure and uses special computer codes called blockchain! DigiFT, a company in Singapore, just got a big permit to do this. It's like getting a license to run a super safe digital bank.
- DigiFT can now safely store digital money and investments.
- They can help create digital versions of real things, like money market funds.
- This makes it easier for big investors to use blockchain.
| Fact | Detail |
|---|---|
| Company | DigiFT |
| Location | Singapore |
| What they do | Store and trade digital money and investments |
| Big Partnership | Invesco ($6.3 billion fund) |
This is great news for the future of digital finance. It means more people may invest using blockchain technology.
