Euroclear has acquired a strategic stake in Marketnode, a Singapore-based digital market infrastructure operator.

The investment supports Euroclear’s growth strategy in the Asia Pacific region, although the financial terms were not disclosed.

Euroclear is a Belgium-based financial services company that specialises in the settlement of securities transactions, safekeeping, and asset servicing for bonds, equities, and investment funds.

Marketnode, founded by SGX Group and Temasek in 2021, operates two key platforms: Gateway, which focuses on tokenisation, and Fundnode, a blockchain-based platform for transaction management and funds processing.

Earlier this year, Marketnode raised Series A funding from HSBC and Temasek to accelerate its growth.

Euroclear’s stake in the company marks its first strategic investment in Asia.

Pradyumna Agrawal, Managing Director of Investment at Temasek, highlighted that Euroclear’s involvement recognizes Marketnode’s potential in advancing global digital infrastructure, providing expertise and access to a broader ecosystem, while reinforcing Singapore’s role as a leading financial hub for funds.

Philippe Laurensy, Euroclear’s CEO of Asia Pacific, said,

“Partnering with Marketnode demonstrates our shared commitment to developing a new generation of funds market infrastructure by leveraging Euroclear’s global footprint, established fund infrastructure and digital capabilities.

This first strategic investment in Asia also reinforces the region’s importance to Euroclear’s positioning and business growth. We are excited to join Marketnode’s pioneering journey in the rapidly growing area of digital assets and support the company’s international service expansion.”

Rehan Ahmed, CEO of Marketnode, said,

“We are excited to welcome Euroclear as a strategic investor. Euroclear’s global connectivity, operational expertise and market-leading position as a trusted financial market infrastructure will catalyse the growth of Marketnode’s platforms, especially Fundnode.

It is also our privilege to be Euroclear’s first strategic investment in Asia, reflecting strong endorsement of our trajectory and achievements to date. We look forward to building the next generation of financial market infrastructure out of Asia, working together with Euroclear, HSBC, Temasek and our clients to realise our mission and vision.”

Featured image credit: Edited from Freepik