DigiFT

DigiFT is a Singapore-headquartered regulated digital exchange that tokenizes institutional-grade real-world assets—ranging from money market funds and equities to gold and private credit—and distributes them as on-chain tokens on public blockchains including Ethereum and Solana. The platform solves a core structural gap between traditional finance and decentralized infrastructure: major asset managers have assets that institutional investors want, but those assets have historically been inaccessible on-chain, illiquid outside business hours, and difficult to integrate into DeFi protocols. DigiFT builds the compliant bridge.

Background and Regulatory Standing

Founded in 2021 and entering Singapore's FinTech Regulatory Sandbox in 2022, DigiFT holds two of the most demanding regulatory credentials in the tokenization industry. It is a Recognised Market Operator (RMO) and holds a Capital Markets Services (CMS) license from Singapore's Monetary Authority of Singapore (MAS). In Hong Kong it holds Type 1 (dealing in securities) and Type 4 (advising on securities) licenses from the Securities and Futures Commission (SFC), making it the first platform for institutional tokenized RWAs to be licensed by both authorities simultaneously.

This dual licensing is not merely a compliance checkbox. It defines who DigiFT can serve and what it can legally offer: access is restricted to institutional investors, accredited investors, and professional investors meeting the criteria of Singapore's Securities and Futures Act. Retail investors cannot participate.

The company has raised US$25 million in total funding to date. The most recent round, announced in August 2025, was led by SBI Holdings—Japan's largest financial conglomerate—with participation from Mirana Ventures, Offchain Labs (the team behind Arbitrum), Yunqi Partners, and Polygon Labs.

Core Mechanism: End-to-End Tokenization and Distribution

DigiFT describes its model as providing end-to-end services for institutional digital assets: structuring, issuance, distribution, and post-trade liquidity. In practice this means working directly with an asset manager—Invesco, UBS Asset Management, Wellington Management, BNY, or others—to represent an existing regulated fund or strategy as a token on a public blockchain.

The token is not a synthetic derivative. Under DigiFT's structure, as clarified in the context of its JX product, investors hold actual ownership aligned to the underlying fund strategy rather than a contract-for-difference. This distinction matters for regulatory classification and aligns with guidance distinguishing issuer-sponsored tokenized securities from third-party synthetic instruments.

Subscription can occur via stablecoin or fiat. On the distribution side, DigiFT has partnered with GSR, one of the largest institutional crypto market makers, to provide secondary over-the-counter (OTC) liquidity during Asian market hours, seven days a week. The settlement process is automated: an investor submits a buy or sell order on DigiFT's exchange, GSR fills the order at quoted prices through a secured OTC channel, and token and stablecoin settlement occurs via smart contracts—eliminating manual back-office intervention while maintaining regulatory compliance.

Token Products and Asset Coverage

DigiFT's product catalog spans several asset classes:

Money market and fixed income: uMINT, the UBS USD Money Market Investment Fund token, and ULTRA, the Delta Wellington Ultra Short Treasury On-Chain Fund, give institutional holders on-chain exposure to short-duration, dollar-denominated yield instruments.

Senior loans and credit: iSNR, issued in partnership with Invesco, provides token-based access to the US Senior Loan strategy—a floating-rate, senior-secured instrument class popular with yield-seeking institutions.

Tokenized gold: GOLDX was launched in November 2025 through a three-way partnership with OCBC Bank and Lion Global Investors, making it Southeast Asia's first tokenized physical gold fund on a public blockchain. GOLDX represents the LionGlobal Singapore Physical Gold Fund and is issued on both Ethereum and Solana. It has grown to nearly US$670 million in the months following launch, with access available to banks, hedge funds, asset managers, and corporate accredited investors using stablecoins or fiat.

Japanese equities: JX is the SBI Japan High Dividend Equity Strategy Token, co-developed with SBI Asset Management and launched on Solana. JX represents the first Japanese asset manager strategy to go on-chain and provides institutional investors with regulated exposure to Japanese high-dividend equities. The Solana launch was enabled by SBI Holdings' broader partnership with the Solana Foundation to develop on-chain financial markets in Japan.

US equity strategies: bEQTY, the DigiFT U.S. Equity Income Fund, launched in January 2026 on Ethereum with BNY serving as investment manager for the underlying U.S. equity income strategy. It was the first actively managed tokenized U.S. equity income fund on a public blockchain.

Structured products and private credit: DigiFT has offered access to volatility alpha strategies and private market instruments for institutional investors and DAOs.

PIMCO partnership: In June 2026, Bybit integrated DigiFT's infrastructure to launch RWA Earn, providing access to PDO by PIMCO through the Bybit platform.

Solana Integration

DigiFT's presence on Solana is substantive rather than exploratory. Two products—GOLDX and JX—are live on the network. The rationale articulated by DigiFT and its partners for choosing Solana centers on operational requirements that differ from general DeFi use: 100-millisecond block times, sub-cent transaction fees, and throughput capacity suited to frequent settlement cycles, redemption processing, and secondary market trading. For a regulated fund that needs to process subscriptions and redemptions on a near-continuous basis, block economics matter.

The SBI Holdings investment and the JX launch are directly linked to SBI's partnership with the Solana Foundation, which aims to build an on-chain financial infrastructure layer in Japan. DigiFT is a key execution partner in realizing that vision.

Team

DigiFT was founded by Henry Zhang, who serves as Group CEO. The leadership team includes George Jin as Chief Operating Officer, Amos Song as Chief Business Officer, and Chivy Chan as Chief Compliance Officer. The company is headquartered in Singapore with regulatory operations in Hong Kong.

Positioning in the RWA Landscape

DigiFT operates at the institutional end of the real-world asset tokenization market—a market that according to Standard Chartered research reached US$34 billion in tokenized assets by October 2025 and is projected to grow toward US$300 billion within the following year. The platform's emphasis on regulatory compliance, multi-jurisdiction licensing, and direct partnerships with asset managers such as Invesco, UBS, Wellington, BNY, and Franklin Templeton positions it as infrastructure for traditional finance entering the on-chain economy, rather than a DeFi-native protocol seeking to attract retail users.

For Solana specifically, DigiFT represents a significant institutional on-ramp: regulated, compliant products backed by globally recognized asset managers, settling natively on-chain at Solana's transaction economics.