Tag "Temasek"

DBS’ Mikkel Larsen Formally Appointed as Climate Impact X’s CEO

Climate Impact X (CIX), a global marketplace and exchange for high-quality carbon credits, has announced the appointment of Mikkel Larsen as Chief Executive Officer, effective immediately. He has been acting as Interim CEO for CIX since 20th May 2021. CIX

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Temasek-Backed Crypto Firm FTX Bags US$420 Million at Valuation of US$25 Billion

FTX Trading, owner and operator of global cryptocurrency exchange FTX.COM, announced the closing of a US$420.7 million Series B-1 fundraise, increasing its valuation to US$25 billion. The round saw the participation of 69 investors, including Ontario Teachers’ Pension Plan Board,

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HSBC, Temasek Launches US$150 Million Debt Financing Platform for Sustainable Projects

HSBC and Temasek announced a partnership to establish a US$150 million debt financing platform dedicated to sustainable infrastructure projects with an initial focus on Southeast Asia, as part of efforts to reduce climate change. In a joint statement, both entities

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SGX and Temasek’s Digital Asset JV Marketnode Partners FIs Ahead of Product Launch

Marketnode, a Singapore Exchange (SGX) and Temasek digital asset joint venture, announced its partnership with ten global financial institutions ahead of its upcoming product launches. The JV’s upcoming products will be focused on digital issuance services, ESG bond data and

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Singapore Government Sets up S$1.5 Billion Fund to Spur IPO Growth

The Singapore government has announced a package of initiatives to support high-growth enterprises to raise capital in the country’s public equity market and broaden its proposition as a financing hub. The government and Temasek will establish a new co-investment fund

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DBS and Temasek Launches US$500 Million Debt Financing Platform for Tech Startups

DBS and Temasek announced that they have entered into an agreement to jointly launch a US$500 million growth stage debt financing platform called EvolutionX Debt Capital. Headquartered in Singapore, EvolutionX will provide non-dilutive financing to growth stage technology-enabled companies across

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DBS, SGX, StanChart and Temasek Tackles Climate Action With Global Carbon Exchange

DBS, Singapore Exchange (SGX), Standard Chartered and Temasek joined forces to take climate action through a joint venture Climate Impact X (CIX) which aims to be a global exchange and marketplace for high-quality carbon credits. CIX will offer distinct platforms

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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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HSBC Executes Singtel’s Billion Dollar Digital Asset Issuance on Marketnode’s Platform

HSBC Singapore and Marketnode successfully completed a digital bond issuance on Marketnode’s digital asset issuance, depository and servicing platform. Marketnode is a joint venture between Singapore Exchange (SGX) and Temasek. The transaction with Singtel is said to represent the largest

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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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