RIADeFi
Not approved · Tokenized real-world assets

Ketju memo: DigiFT

Not approvedPublished by Ketju Research

This memo sets out what the holder owns, who controls it, how holders could lose money, and whether a position can be sold. The advisor decides any client action and amount. Not investment, legal, tax, or compliance advice.

Summary

Ketju does not approve DigiFT: we could not confirm who may invest or who controls its tokens, though it is strongly regulated. DigiFT holds a Monetary Authority of Singapore Capital Markets Services license and Recognised Market Operator status, granted 2023-12-05. It also holds Hong Kong SFC Type 1 and Type 4 licenses. It runs a regulated on-chain exchange that distributes institutional products from UBS, BNY, SBI, Hines and others through a Dynamic AMM. Few memos in this batch rest on a stronger regulatory base. We could not confirm whether US persons are excluded. That is highly likely, because DigiFT holds no US securities registration, but no source we reviewed says so. We also could not confirm whether DigiFT’s tokens can be frozen, blacklisted or force-transferred, or who holds that power, for any product. DigiFT distributes several issuers’ products, including UBS’s uMINT, OCBC-LionGlobal’s GOLDX and BNY’s bEQTY, so the answers likely differ by product. Until we verify eligibility and control, DigiFT stays off the approved list.

Review triggers

  • DigiFT's Platform Terms and Conditions directly confirm or refute a US-person exclusion
  • For each listed issuer's token, DigiFT discloses the freeze, blacklist, and forced-transfer controls and who holds them
  • Founding entity and jurisdiction are confirmed from a primary corporate registry filing
  • Redemption terms for products beyond uMINT are confirmed from primary DigiFT or issuer documentation

Facts

Verdict
Not approved
Type
Tokenized real-world assets
Chains examined
Ethereum, Plume Mainnet, Arbitrum, BSC
Reviewed
Last confirmed

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