PrimoX Fintech LTD has been awarded the UAE Digital Assets Business License, enhancing its position as a Consumer Rights Layer (CRL) focused on transforming illiquid Web2 membership benefits into verifiable on-chain assets. The license, numbered 07011002/07011019, marks a significant step for PrimoX in the digital asset space.
In addition, PrimoX successfully completed a $5 million private placement during its Singapore launch event on November 10, 2025. The company has also partnered with Singaporean financial institutions to tokenize real-world assets from a Vietnam-based factory, valued at over $10 million, further expanding its asset tokenization initiatives.
PrimoX Fintech Secures UAE Digital Asset License, Raises $5M
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