Golden Finance reported that according to official news, Eddid Financial Singapore Pte. Ltd., a wholly-owned Singapore subsidiary of Hong Kong financial group Eddid Financial, received in-principle approval from the Monetary Authority of Singapore (MAS) for a capital markets services license application. After the license was officially approved, , which can provide customers with capital market product transactions, product financing, custody services, etc. Ad Financial said that in the future, it will actively expand its local business territory to include virtual assets, corporate financing and fund management, and will set up an office in Singapore.