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MoneyMax Launches High-Yield Digital Tokens
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MoneyMax Launches High-Yield Digital Tokens

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

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MoneyMax Financial Services Ltd. has announced the launch of its Series 007 Digital Security Tokens, with a 5.5% annual interest rate and a maturity of 323 days from issuance. These tokens will be available to accredited and institutional investors and will be listed on the ADDX Exchange, aiming to raise between S$5 million to S$15 million. The company has established a S$100 million unsecured commercial paper program and will keep the market updated on any significant developments.

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

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