Tag "Temasek"

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

Read More

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

Read More

Singapore Blockchain Ecosystem Report 2020 Unveiled At Singapore Fintech Festival

The Singapore Blockchain Ecosystem Report 2020 was launched at this year’s Singapore FinTech Festival x Singapore Week of Innovation and TeCHnology (SFF x SWITCH). The report highlights the impactful developments and trends in Singapore’s blockchain ecosystem over the past year.

Read More

SGX 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 More

Project Ubin: MAS Completes Final Phase Central Bank Digital Currency Project

The Monetary Authority of Singapore (MAS) and Temasek today jointly released a report to mark the successful conclusion of the fifth and final phase of Project Ubin. It provides technical insights into the blockchain-based multi-currency payments network prototype that was

Read More

Temasek Joins Libra Association — Facebook’s Global Digital Currency Project

The Libra Association, an independent member organization, announced the addition of three new members, Temasek, Paradigm and Slow Ventures. Libra is Facebook’s grand ambition in creating global payment system and financial infrastructure using digital currencies. In their media statement they

Read More

Digital Financial Services Revenue in Southeast Asia Set to Jump from US$11 Billion in 2018 to US$60 in 2025

Among the findings of a recent report, Fulfilling its Promise – The Future of Southeast Asia’s Digital Financial Services Industry, from Bain & Company, Google and Temasek, it shows that Southeast Asia represents one of the world’s largest and fastest-growing

Read More

Temasek and Tencent to Invest US$35 Million in TrueLayer

Tencent and Temasek is set to invest US$ 35 Million in UK-based open banking startup True Layer’s US$40 Million Series B round. This fresh round of funding brings the startup’s total funding to US$ 51.8 Million, according to Crunchbase. Temasek’s

Read More

After Temasek Investment, P2P Lender Validus Surpasses $100 Mil In Funding

Validus, co-founded by former DBS Bank SME head Ajit Raikar is a peer-to-peer (P2P) lending platform that helps connect Singapore’s small and medium enterprises (SMEs) to accredited investors and financial institutions. Just recently, they announced that they have facilitated over

Read More

Temasek Singapore Ramps Up Fintech Investments

Singapore state investor Temasek is betting big on fintech. Nearly half of the company’s new investments of S$29 billion made during the financial year ended March 31, 2018, went into technology, life sciences, agribusiness, consumer and non-bank financial services. Temasek

Read More