MoneyMax Financial Services (SGX:5WJ) launched three new digital security tokens under its SG$100 million unsecured commercial paper program, according to a Friday filing on the Singapore Exchange.
The Series 011, 012, and 013 tokens will offer interest rates between 4.65% and 4.80% and mature in three, six, and 12 months, respectively.
The issuance is expected to raise between SG$58 million and SG$80 million and will be listed on the ADDX security token trading platform.