DigiFT will launch CUBX – the first regulated fintech loan tokenization product in Southeast Asia.
This product is issued by Docking Tech in Singapore, based on receivables from BantuSaku – a P2P lending platform regulated by Indonesia's OJK, with an expected yield of 12% per year.
MAIN CONTENT
CUBX is the first licensed fintech loan tokenization in Southeast Asia.
The token is issued based on the receivables of the P2P lending platform BantuSaku, which is managed by OJK.
Investors receive an expected yield of 12% per year, with capital serving microloans in Indonesia.
How do DigiFT and the CUBX token work?
DigiFT is a licensed cryptocurrency exchange in Singapore, issuing CUBX tokens based on the real assets of the P2P lending platform BantuSaku, facilitating the distribution of digital microloans.
Through CUBX, investors access real fintech loans funded and strictly controlled legally in Indonesia, promoting transparency and reliability of the product.
The tokenization of receivables helps increase liquidity, optimizing cash flow to support individual borrowers and small and medium enterprises.
What collateral is the CUBX token based on and what is the expected yield?
CUBX represents receivables from BantuSaku – a peer-to-peer lending platform strictly regulated by Indonesia's OJK.
The expected yield of this token is up to 12% per year, corresponding to attractive profits for investors compared to traditional investment forms.
Issuing tokens based on receivables with clear legal permits enhances reliability and protects investor rights in the fintech ecosystem.
The issuance of regulated loan tokenization products like CUBX is a significant step in applying blockchain technology to microfinance in Southeast Asia, connecting global investors with Indonesia's potential financial market.
Financial expert Nguyen Van Binh, 2024
What are the benefits of fintech loan tokenization for borrowers and investors?
Loan tokenization creates a flexible funding channel for small borrowers and medium enterprises, allowing them to access credit faster without being entirely dependent on traditional banks.
For investors, CUBX offers high-yield investment opportunities, backed by real assets and comprehensive legal regulations, thereby minimizing risks compared to traditional investment forms.
This solution stimulates the flow of capital in the micro-economy while enhancing liquidity and transparency in the non-bank financial sector.
What is the growth potential of fintech loan tokenization products in Southeast Asia?
Southeast Asia, with a large number of small and medium enterprises and a high demand for micro-capital, provides great potential for digital financial products like CUBX.
The application of tokenization technology helps scale, creating a bridge between traditional financial markets and cryptocurrencies, while promoting financial inclusion in the region.
The CUBX product, combined with strict legal management, will be a testament to the digital transformation trend in the lending finance sector in Southeast Asia.
What legal management does CUBX operate under?
The CUBX token issued by Docking Tech is under the supervision of Singapore's regulatory authority, while the underlying asset is receivables from the BantuSaku lending platform, directly managed by Indonesia's Financial Services Authority (OJK).
This collaboration ensures the product complies with high legal standards at both international and regional levels, enhancing safety for investors and borrowers.
Strict management helps prevent fraud risks, financial crimes, while increasing transparency in token issuance and online lending activities.
Frequently Asked Questions
What is CUBX and who issues this product?
CUBX is a fintech loan tokenization issued by Docking Tech in Singapore, based on receivables from BantuSaku, a lending platform regulated by Indonesia's OJK.
What is the investment yield of CUBX?
CUBX tokens have an expected yield of up to 12% per year, significantly higher than many traditional investment channels.
What are the advantages of fintech loan tokenization?
Helps increase liquidity, improve access to capital for small borrowers and medium enterprises, while minimizing risks for investors.
Which authority manages the CUBX product?
CUBX is regulated by the Singapore financial authority and the underlying assets are supervised by Indonesia's OJK.
Who benefits most from this product?
Individual borrowers, small and medium enterprises in Indonesia, and international investors seeking high and safe yields.
Source: https://tintucbitcoin.com/cubx-token-vay-fintech-dau-tien-dong-nam-a/
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