Blockchain/Bitcoin
Siam Commercial Bank’s Venture Arm Launches $50 Million Fund for Blockchain Startups
SCB 10X, a subsidiary of Siam Commercial Bank, has set up a new $50 million venture capital fund will invest in both early and growth stage startups globally that are dedicated to blockchain, decentralised finance (DeFi), and digital assets. This
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What Is a Cryptocurrency and Why Should I Use It?
A cryptocurrency is a digital currency, which can be used to buy various services. It tries to secure online transactions by using an online ledger with strong cryptography. Most people, who use this currency, do that because of the trading
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ECXX Ties up With UOB Kay Hian to Offer Securitised Token Offerings
ECXX Global, a Singaporean asset-based digital securities exchange, announced that it has collaborated with regional brokerage UOB Kay Hian to bring in deep tech startups to their network and offer them the opportunity to list via Securitised Token Offerings (STOs)
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Standard Chartered Singapore’s Former CEO Joins STACS as Chairman
Ray Ferguson, the former CEO of Standard Chartered Singapore, has joined Hashstacs Pte Ltd (STACS), a Singaporean blockchain development company, as its Chairman. STACS is focused on capital markets use cases such as the trade lifecycle management of bonds, Environmental,
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SGX Ties up With Temasek to Develop Blockchain-Based Digital Asset Infrastructure
Singapore Exchange (SGX) and Temasek announced that they have entered into a joint venture (JV) to advance digital asset infrastructure through the use of blockchain. SGX said in a statement that the JV is set to be Asia Pacific’s first
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Digital Securities Platform iSTOX Bags US$50 Million From Japanese State-Backed Investors
Digital securities platform iSTOX announced that it had closed its Series A funding round with a total of US$50 million joined by two state-backed investors in Japan. The new investors include the venture capital arm of Japan Investment Corporation (JIC)
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India’s Top 30 Blockchain Influencers
Over the last several years, blockchain has been gaining traction in India especially with the financial institutions undergoing massive digital transformations. According to Tracxn, a startups and private companies tracking platform, there are 218 blockchain startups in India as of
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Digital Securities Firm Propine Graduates From MAS’ Fintech Sandbox
Propine, a Singapore-based end-to-end securities services firm catering for digital securities services to institutional clients, has become the first independent digital asset custody service provider to graduate from the Monetary Authority of Singapore’s (MAS) Fintech Regulatory Sandbox. Since its admission
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Deutsche Bank to Pilot Digital Assets Proof-of-Concept With STACS
Deutsche Bank Securities Services and Hashstacs Pte Ltd (STACS) will collaborate to jointly explore a proof-of-concept (POC) related to the technological and practical feasibility of digital assets. The POC will explore interoperability, liquidity, cross-border connectivity, and smart contract templates, including
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iSTOX Launches Unicorn Fund in Digitised Securities Form
Digitised securities platform iSTOX announced that it has listed a unicorn fund in digitised securities form, allowing the creation of security tokens where manual processes can be automated and minimum investment ticket sizes to be reduced to US$20,000. This expands
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