Tag "SGX"
Singapore Leads the Way As Stock Exchanges in Asia Pacific Are Embracing DLT
Across Asia Pacific, stock exchanges have accelerated the adoption of smart contract technology and DLT to optimize market workflows. The Australian Securities Exchange (ASX) is looking to replace its Clearing House Electronic SubRegister System, or CHESS, with new DLT and
Read MoreSGX Completes First Digital Bond with Temasek and HSBC using Smart Contracts
Singapore Exchange (SGX), working together with HSBC Singapore and Temasek, has completed its first digital bond issuance on SGX’s digital asset issuance, depository and servicing platform, successfully replicating a S$400 million 5.5-year public bond issue and a follow-on S$100 million
Read MoreSGX to Invest in Sequioa Backed Wealthtech SmartKarma
Smartkarma, the global investment research network, today announced it has received a strategic investment from Singapore Exchange (SGX). The company was also highlighted in our list of Asia’s Top 19 Wealthtech Solutions in 2019. The investment marks the next step
Read MoreSWIFT Teams up With Singapore’s Stock Exchange to Trial Voting on the Blockchain
SWIFT announced that they will be working with Singapore Exchange (SGX) along with Deutsche Bank, DBS, HSBC and Standard Chartered Bank to work on a proof-of-concept on e-voting using blockchain. The trial will explore whether blockchain can help simplify the
Read MoreSingapore and Nasdaq Partnership for Blockchain Settlement of Tokenised Assets
The Monetary Authority of Singapore and Singapore Exchange announced a collaboration to develop Delivery versus Payment (DvP) capabilities for settlement of tokenised assets across different blockchain platforms. This will allow financial institutions and corporate investors to carry out simultaneous exchange and
Read MoreGeTS Launches Open Trade Blockchain to Join China’s Belt Road Initiative
An Open Trade Blockchain (OTB), was just launched in Singapore—the region’s first cross-border blockchain platform that is intended to align with China’s Belt Road Initiative. The Belt Road Initiative is China’s ambitious bid to become more technologically interconnected with the
Read Moreayondo Celebrates First FinTech Company to List in Singapore
ayondo, a Global Financial Technology group, today celebrated its first day trading of its shares on the Catalist board of the Singapore Exchange Securities Trading Limited. The offering of 80,770,000 Invitation Shares at S$0.26 for each share was fully subscribed.
Read MoreMetech International Raise S$2M Through Singapore Crowdfunded Bond Issues
Four months after it offered its crowdfunding platform to companies listed on the Singapore Exchange (“SGX”) to raise funds through short-term bonds (“ListCo Bonds”), FundedHere announced that Metech International Ltd (“Metech”) has become the first company to do so. Metech is
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