SEA Digest: Ripple SG inches closer to MPI licence; TransTRACK bags pre-Series A funding

SEA Digest: Ripple SG inches closer to MPI licence; TransTRACK bags pre-Series A funding

FILE PHOTO: A representation of cryptocurrency Ripple is seen in this illustration taken August 6, 2021. REUTERS/Dado Ruvic/Illustration

US-based Ripple’s Singapore subsidiary has got in-principle approval for a Major Payments Institution licence, while Indonesia-based TransTRACK has raised $2.1 million in a pre-Series A funding round.

Edited by: Joymitra Rai