Straits Millennium, a member of the Straits Financial Group that recently obtained a Major Payment Institution (MPI) License from the Monetary Authority of Singapore (MAS) under the Payment Services Act 2019, has partnered with Solidus Labs, a leading provider of trade surveillance and transaction monitoring solutions, to enhance compliance and strengthen risk management in digital assets.
Chew Min Wei, Head of Digital Assets, Straits Millennium
“This partnership between Straits Millennium and Solidus Labs represents a powerful step forward in advancing the digital asset ecosystem. Solidus’ expertise in crypto-native compliance technology perfectly complements Straits Millennium’s vision for secure, institutional-grade solutions. Together, the collaboration reinforces our commitment to trusted innovation and supports clients as they navigate the convergence of traditional finance and digital assets.”
Asaf Meir, Founder & CEO, Solidus Labs
“2025 is shaping up to be a defining year, bridging traditional finance and digital assets, and Straits Millennium’s MPI license and this partnership place them at the forefront of that evolution. We are proud to support Straits Millennium as they strengthen their compliance framework with Solidus’ crypto-native transaction monitoring technology, reinforcing institutional-grade safeguards and enabling businesses and investors to operate in a trusted, resilient environment with confidence.”
About Straits Millennium
Straits Millennium, a Major Payment Institution licensed entity under the Monetary Authority of Singapore (MAS), serves as the Singapore-based digital asset arm of the Straits Financial Group. Anchored by a strong commitment to regulatory compliance, institutional-grade security, and deep expertise in commodities and derivatives financial services, the firm seamlessly integrates traditional finance with digital assets. Drawing on decades of specialized experience, Straits Millennium delivers sophisticated, customized digital asset solutions tailored to the needs of today’s dynamic financial landscape.
Traditionally Anchored. Digitally Forward.
www.straitsfinancial.com/straits-millennium
About Straits Financial Group
At Straits Financial Group, we distinguish ourselves by promoting key and innovative contracts to support the financial and commodity derivative markets as well as providing products and services to fulfill the needs of every trader. With a strong presence in Asia and a deep understanding of the global markets, we provide value to our clients by enabling global access with a local perspective. Established in 2010, Straits Financial Group is headquartered in Singapore, and serves as the financial services arm of the CWT Group. We have established a global footprint through our presence in the United States, Indonesia, and Singapore and will continue to expand into key financial and commodity markets. For more information, please visit our website at https://www.straitsfinancial.com.