Today, the globally renowned digital payment leader, WSPN, has announced a significant strategic partnership with DigiFT. DigiFT is the world’s first licensed blockchain-based exchange for real-world assets, having obtained a Capital Markets Services License from the Monetary Authority of Singapore and being recognized as an approved market operator. This strategic collaboration demonstrates the mutual commitment of both parties to advancing the application of stablecoins, Web3 innovative payments, and global real-world asset (RWA) investments.
Through this partnership, WSPN’s flagship US dollar stablecoin, WUSD (Worldwide USD), will seamlessly integrate with the DigiFT exchange. Being the first licensed online RWA exchange, DigiFT’s listing of WUSD will significantly enhance user investment convenience and efficiency, while also offering a wider range of compliant RWA investment products for users within the WUSD ecosystem.
Recently, DigiFT introduced the issuance of Depositary Receipt (DR) tokens, where tokens issued under the DR structure represent full equity rights to underlying capital market assets, allowing investors to legitimately claim and directly benefit from the economic returns generated by the underlying assets. As part of the collaboration, WSPN will allocate a portion of its reserve funds through the DigiFT platform to invest in underlying assets. This move will assist WSPN in deploying funds into compliantly issued stable real-world assets, further enhancing the security and transparency of asset management.