Sparrow always aims to meet the highest regulatory and compliance standards. In connection with our preparation and to work towards the grant of our Payment Services License in Singapore, we are changing our operating structure to segregate regulated activities from unregulated activities.
From January 3rd, 2022 the group will have 3 operating entities and 1 holding company as per below:
Offers digital asset spot conversions which are regulated under the Payment Services Act.
Offers digital asset derivatives and structures which are not regulated under the Payment Services Act.
Research and Development of new technology and products.
Holding Company that wholly owns Sparrow Tech, Sparrow Digital, and Sparrow Research.
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