The world's first "fully regulated" digital asset exchange, Biplusex, is launched in Singapore

Biplusex was officially launched on Wednesday Singapore time and has released the first security token built on the public blockchain Ethereum.

Biplusex Exchange holds a capital market services license and a market operator (RMO) license; on the other hand, SGX also considers itself a strategic investor, not only owning shares but also participating in the business operations of Biplusex.

The advantages of Biplusex are:

It is built on the Ethereum blockchain and can therefore work with any blockchain-enabled exchange around the world, connecting investors and businesses.

Due to the characteristics of blockchain, investors can track transaction information through digital wallets.

The platform is designed to resemble a stock exchange, so it can still attract investors who are not familiar with blockchain.

Regulated by the Monetary Authority of Singapore (MAS), it provides guarantees to businesses and investors.

Although according to Singapore regulations, qualified investors must have an annual income of at least US$220,000 and a net worth of US$1.5 million, investors outside the country only need to go through the KYC process to trade on the Biplusex platform.