Gate News, March 18 — PrimoX Fintech LTD recently announced that it has obtained a digital asset business license in the UAE (License Number: 07011002/07011019). According to official sources, PrimoX is positioned as a Consumer Rights Liquidity Layer (CRL), aiming to solve the difficulty of transferring Web2 consumer membership rights through standardized mapping and on-chain rights confirmation, enabling verifiable on-chain value of rights. Additionally, PrimoX announced that on November 10, 2025, at a launch event in Singapore, it completed a $5 million TVL private placement and partnered with Singapore financial institutions to tokenize and issue RWA assets from a Vietnamese factory with an asset value exceeding $10 million.
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