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MoneyMax’s Digital Tokens Raise S$22 Million

MoneyMax Financial Services Ltd. (SG:5WJ) has released an update.

MoneyMax Financial Services Ltd. successfully closes its Series 008 Digital Security Tokens offering, raising S$22.06 million. The tokens are set to list on the ADDX security token trading platform as part of their S$100 million unsecured commercial paper program. Notably, a significant subscription came from an internal party related to the company’s executive leadership.

For further insights into SG:5WJ stock, check out TipRanks’ Stock Analysis page.

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