Blockchain
BondEvalue Secures US$6 Million in Series A Fundraise Led by Citi
Singapore-based fintech BondEvalue has raised US$6 million in its Series A round of fund raising, bringing the total funding raised by the company to US$10 million. MassMutual Ventures Southeast Asia and Citigroup were among the new investors and are expected
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Broadridge Ties Up With AWS to Extend Its DLT-Based Private Market Hub
Broadridge Financial Solutions, a US-based technology solutions provider, has partnered with Amazon Web Services (AWS) to extend its Private Market Hub platform. The platform utilises distributed ledger technology (DLT) to better streamline and connect the private equity ecosystem and assets.
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How Are Cryptocurrency Exchanges Regulated in Singapore?
In Singapore’s journey to becoming a Smart Nation, the financial sector is an integral component to achieve this mission. But for Singapore to maintain its competitive edge as a global financial hub, both technology and innovation play important roles. Hence,
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DBS First Bank in the Region to Issue Security Token at S$15 Million
DBS announced that it has priced an SGD 15 million digital bond, marking DDEx’s first Security Token Offering (STO) as part of efforts to broaden the suite of products on the DBS Digital Exchange (DDEx). The DBS Digital Bond, which
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iSTOX Rebrands as ADDX Following a US$50 Million Fundraise
Private capital platform iSTOX announced that it is rebranding itself as ADDX as it enters a phase of fast-paced growth following a Series A funding round that raised US$50 million in January from Japanese state-backed investors. Accompanying the fresh brand
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Deutsche Bank and STACS Complete PoC for Digital Assets and ESG Bonds
Deutsche Bank’s Securities Services in Singapore and Hashstacs (STACS) announced the completion of their proof-of-concept (POC) referred to as Project Benja on the use of distributed ledger technology (DLT) for digital assets and sustainability-linked digital bonds. Set in the context
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DBS Launches Asia’s First Bank-Backed Trust Solution for Cryptocurrencies
DBS Private Bank has introduced a trust solution for the asset class via DBS Trustee, the bank’s wholly-owned, licensed trust company, to enable its private banking clients to invest, custodise and manage their digital assets. According to DBS, this offering
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CGS-CIMB Issued S$150-Million Commercial Paper in Digital Securities on iSTOX
CGS-CIMB Securities International, an integrated financial service provider in Asia, and digital securities platform iSTOX announced the issuance of a short-term debt instrument in the form of digital securities. The S$150-million (US$112-million) multi-tranche commercial paper will be used to fund
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NFT Craze and Institutional Participation Fuel the Crypto World
The cryptocurrency rally continued in Q1 2021 fueled by the craze surrounding non-fungible token (NFT) and rising participation from institutional investors, according to CoinGecko’s latest crypto report. The CoinGecko Q1 2021 Quarterly Cryptocurrency Report, released earlier this month, looks at
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DBS, J.P. Morgan and Temasek to Develop a Blockchain-Based Interbank Payments Platform
DBS, J.P. Morgan and Temasek announced that they will jointly develop a blockchain-based platform for payments, trade and foreign exchange settlement. The company named Partior aims to use blockchain solutions to enable next generation, programmable value transfer for participating banks
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