Virtual Asset Service Provider (VASP)
Specialist expertise as a Virtual Asset Service Provider
Through our specialist expertise, we guide clients through this rapidly evolving digital asset landscape.
We understand the challenges and opportunities within the emerging virtual asset space. By combining cutting-edge digital asset tools with our specialised expertise, we bring experience across innovative financial assets, instruments, among others to support the growth of this evolving asset class.
Types of Licences
- Class M (Virtual Asset Broker-Dealer) license carry out activities such as exchange between Virtual Assets (VAs) and fiat currencies; or exchange between one or more forms of VAs.
- Class O (Virtual Asset Wallet Services) license pertain to the transfer of VAs.
- Class R (Virtual Asset Custodian) license includes the safekeeping of virtual assets or instruments enabling control over virtual assets; and administration of virtual assets or instruments enabling control over virtual assets
- Class I (Virtual Asset Advisory Services) license is required for the participation in and provision of financial services related to an issuer’s offer and/or sale of VAs.2
- Class S (Virtual Asset Marketplace) license can be used for virtual asset exchange