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Singapore Exchange And Temasek Announce Joint Digital Asset Venture
Summary: Singapore Exchange (SGX) and the Singaporean government-backed investment firm Temasek Holdings have formed a capital market-focused joint venture, according to a recent announcement. The joint venture plans to focus on smart contracts and tokenization in capital markets. Later, both sides will collaborate with a fixed income issuance platform to create a series of asset servicing frameworks for ...
Singapore Exchange (SGX) and the Singaporean government-backed investment firm Temasek Holdings have formed a capital market-focused joint venture, according to a recent announcement.
The joint venture plans to focus on smart contracts and tokenization in capital markets. Later, both sides will collaborate with a fixed income issuance platform to create a series of asset servicing frameworks for clients, as reported by The Block.
“Together, we will capitalize on digitalization trends that continue to shape global capital markets, and advance the development of capital markets infrastructure in Asia,” Hong said in the statement.
By Emily Mason
Tags: SGX,Singapore Exchange,Temasek
Link: Singapore Exchange And Temasek Announce Joint Digital Asset Venture [Copy]
