Hex Trust Secures Major Payment Institution License from MAS, Strengthening Ozean’s Regulatory Framework

Ozean, a blockchain platform focused on Real World Asset (RWA) yield, has reached a significant milestone with the announcement that Hex Trust, a leading digital assets financial institution, has secured a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS). This development is a crucial step in enhancing Ozean’s foundation of regulatory compliance, security, and institutional-grade infrastructure.

The MPI license authorizes Hex Trust to provide regulated cross-border money transfer services and Digital Payment Token (DPT) services within Singapore. This regulatory approval is a testament to Hex Trust’s commitment to operating within the highest compliance standards, further strengthening Ozean’s infrastructure by ensuring compliance, security, and seamless integration of digital asset services.

Hex Trust’s Regulatory Milestone

Hex Trust received In-Principle Approval (IPA) for the MPI license in July 2024 and secured full approval on March 1, 2025. This achievement underscores Hex Trust’s strong engagement with regulators and its dedication to compliance, risk management, and institutional trust. The approval from MAS, a globally recognized financial regulator, highlights Singapore’s rigorous and respected regulatory framework for digital finance.

With this license, Hex Trust continues to expand its global regulatory footprint, holding licenses and registrations in key financial hubs such as Hong Kong, Dubai, Singapore, France, and Italy. This expansion contributes to Ozean’s robust and fully regulated ecosystem, positioning it as a trusted blockchain platform where traditional finance (TradFi) and decentralized finance (DeFi) investors can confidently engage with digital assets.

Ozean’s Commitment to Compliance and Innovation

Ozean remains committed to building a trusted, compliant, and scalable infrastructure for the future of RWA innovation. The integration of Hex Trust’s institutional-grade financial framework into Ozean’s core infrastructure ensures safety, transparency, and regulatory clarity for all users and partners.

This milestone further positions Ozean as a leading platform in the RWA sector, as institutional adoption continues to accelerate. For more details on this development, the announcement can be found here.

Why This Matters: Impact, Industry Trends & Expert Insights

Hex Trust has secured a Major Payment Institution License from the Monetary Authority of Singapore, significantly enhancing Ozean’s regulatory framework. This development underscores Hex Trust’s commitment to compliance and strengthens Ozean’s infrastructure in the digital asset space.

Recent Osborne Clarke insights highlight the tightening of regulatory frameworks in Singapore for digital payment services. This aligns with Hex Trust’s achievement, as the new license allows them to operate under these enhanced regulations, supporting the secure integration of digital assets within Ozean’s ecosystem.

As per insights from Elliptic, the MAS licensing framework is expected to foster innovation by ensuring compliance with international standards. This supports Hex Trust’s strategic positioning within the regulatory landscape, enhancing Ozean’s capacity to offer reliable and compliant digital asset services.

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