Major Payment Institution License Secured From The Monetary Authority of Singapore

Clearpool
2 min readJust now

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Ozean, the blockchain for RWA yield, is built on a foundation of regulatory compliance, security, and institutional-grade infrastructure. We are proud to highlight a major milestone achieved — Hex Trust, a leading digital assets financial institution specializing in custody and trading services, building Ozean alongside Clearpool, has secured a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS).

What This Means for Ozean & Our Users

The MPI license authorizes Hex Trust to provide regulated cross-border money transfer services and Digital Payment Token (DPT) services in Singapore. With this regulatory approval, Ozean’s foundation strengthens from Hex Trust’s institutional-grade financial framework, ensuring compliance, security, and seamless integration of digital asset services.

As part of Ozean’s core infrastructure via Hex Trust, this milestone enables:

  • Regulated cross-border money transfer services — Allowing secure and compliant fund movement globally.
  • Digital Payment Token (DPT) services — Enhancing the ability to support digital asset transactions under strict regulatory oversight.
  • Institutional-grade custody — Ensuring the highest level of security for digital asset holdings.
  • OTC trading & settlement — Providing seamless liquidity access for institutional and accredited investors.
  • Fiat on/off ramps — Enabling efficient conversion between traditional and digital assets.

Why This License Matters

Singapore is a globally recognized finance hub with one of the most rigorous and respected regulatory frameworks for digital finance. The approval of Hex Trust’s MPI License underscores the commitment to operating within the highest compliance standards while continuing to drive innovation in institutional digital asset services.

Hex Trust received In-Principle Approval (IPA) for the license in July 2024, and secured full approval on March 1 2025, reinforcing its strong engagement with regulators and commitment to compliance, risk management, and institutional trust. With this, Ozean’s infrastructure is built on a fully regulated foundation, ensuring safety, transparency, and regulatory clarity for all users and partners.

Ozean: Bridging Traditional Finance & the Digital Asset Economy

As Hex Trust continues to expand its global regulatory footprint — with licenses and registrations in Hong Kong, Dubai, Singapore, France, and Italy — Ozean benefits from an increasingly robust and fully regulated ecosystem. This milestone further positions Ozean as a trusted blockchain where TradFi and DeFi investors can confidently engage with digital assets. Ozean remains committed to building a trusted, compliant, and scalable infrastructure for the future of RWA innovation. Stay tuned for more updates as we continue to push the boundaries of what’s possible as institutional adoption continues to accelerate in the RWA sector.

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Clearpool
Clearpool

Written by Clearpool

Clearpool is a decentralized credit marketplace. Website: https://clearpool.finance/

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