Peach Investment Fund Token Unveiled: Bridging TradFi and DeFi in Groundbreaking Initiative

In a groundbreaking fusion of traditional finance and DeFi, Peach Tech Limited and MetaComp Pte Ltd have introduced the Peach Investment Fund Token (PIF Token). Registered with MAS' CISNET, the PIF Token offers secure and compliant investments in RWA tokens representing assets like USD deposits and Money Market Funds. This strategic initiative blends the flexibility of DeFi with the safety protocols of traditional finance, setting new standards for investor confidence and liquidity in the financial sector.

Groundbreaking Launch of Peach Investment Fund Token (PIF Token): Bridging Traditional and Decentralized Finance

Singapore, April 17, 2024 - Peach Tech Limited, through its strategic investment manager Kepler Global Management Limited, and MetaComp Pte Ltd, a Monetary Authority of Singapore (MAS)-licensed Major Payment Institution holder, are forging a transformative partnership by introducing the Peach Investment Fund Token (PIF Token).

This joint initiative seamlessly integrates the stability of traditional finance with the agility of decentralized finance (DeFi). It aligns with the burgeoning adoption of blockchain technologies within financial ecosystems, as evidenced by the success of Bitcoin ETFs and the surge in DeFi platforms. The PIF Token scheme allows for the transfer of Real-World Assets (RWAs) onto the blockchain, maintaining oversight of ownership and safeguarding the underlying assets.

Registered under the MAS' CISNET, the PIF Token Scheme offers a secure and compliant avenue for investments in a diverse range of assets, including USD deposits, Money Market Funds, and Treasury Bills. Adhering to stringent standards for safety, compliance, and transparency, the legal and regulatory frameworks governing the PIF Token constitute a landmark achievement for the financial sector, bolstering investor confidence and enhancing liquidity.

David Koh, Co-Founder of Peach Tech, emphasized the strategic implications of this collaboration: "The PIF Token is meticulously designed to fulfill the exacting demands of modern investors for liquidity and flexibility, harmoniously blending the efficiency of blockchain with the robust safety protocols of traditional finance."

Dr. Bo Bai, Executive Chairman and Co-Founder of MetaComp, underscored the groundbreaking innovations brought forth by the PIF Token: "This token is not merely a stepping stone towards future-proofing our financial ecosystems. It is a pivotal milestone in our unwavering commitment to bridging Traditional Finance with Crypto-Finance. This collaboration presents an extraordinary opportunity for both traditional Accredited Investors and corporates to leverage digital assets in a manner that is both secure and compliant."

About Peach Tech Limited

Peach Tech spearheads the convergence between traditional financial assets and blockchain technology, developing innovative solutions that enhance market efficiency, transparency, and inclusivity. Headquartered in Hong Kong, Peach Tech continues to challenge the boundaries of financial possibilities.

About MetaComp Pte Ltd

MetaComp is a leading Singapore-based digital asset platform, licensed and regulated by MAS under the Payments Services Act. Operating on a P2B2C (platform-to-business, partners-to-clients) model, MetaComp provides an end-to-end suite of services, empowering clients to confidently navigate the digital asset market with assurance of safety, security, and compliance. In conjunction with its parent company Metaverse Green Exchange Pte. Ltd (an MAS-licensed CMS holder authorized to conduct brokerage and custodial operations), MetaComp offers its services through CAMP by MetaComp. This regulated Client Assets Management Platform allows businesses to expand their digital asset offerings through OTC and exchange trading services, fiat payment facilities, digital asset custody, and prime brokerage.

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