London, UK, January 15th, 2026, Chainwire
UK Financial Ltd today announced that its MayaCat Regulated Security Token (SMCAT) has officially made history as the world’s first exchange-traded token structured under the ERC-3643 regulated security token standard.
Following this milestone, UK Financial Ltd confirmed that it is actively coordinating with the CATEX Exchange to determine the most efficient and fully compliant method for completing the transition of legacy MayaCat (MCAT) tokens into the regulated SMCAT structure for eligible holders.
UK Financial Ltd is currently evaluating a transition path that prioritizes regulatory integrity, transparency, and long-term market credibility.
As part of this process, the company plans to pursue independent verification of circulating supply and token metrics by CoinMarketCap for both:
While this verification step is expected to benefit token holders by ensuring publicly verifiable accuracy, it may temporarily slow the return of tokens to CATEX Exchange.
If this route is finalized, eligible tokens will be:
As part of the regulated upgrade, UK Financial Ltd confirmed that the outstanding supply of SMCAT has been reduced to 50 million tokens, down from the original 2 billion MCAT tokens in the legacy structure.
This represents:
Failing to pursue verified public metrics at this stage could negatively impact how the first-ever exchange-traded ERC-3643 security token is viewed by data providers and institutional observers.
UK Financial Ltd reminds all participants that the official conversion window has ended:
This outcome was not discretionary and was mandated by compliance requirements.
UK Financial Ltd also confirmed that an online governance vote will take place on January 31, 2026.
Token holders will vote on key compliance and structural matters related to the regulated ecosystem. No future economic outcomes are promised or implied.
UK Financial Ltd is a digital-asset issuer focused on regulated, compliance-driven tokenization, utilizing ERC-3643 identity-verified security token standards to build transparent, auditable, and institution-ready digital financial instruments.
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