The bank completed its inaugural transaction for a mid-sized manufacturing client in Singapore in November 2024, minting a tokenised bond with a tenor of less than a year.
Oversea-Chinese Banking Corporation (OCBC) has launched the sale of bespoke tokenised bonds to corporate accredited investors, becoming the first bank in Singapore to do so. Corporate accredited investors refer to corporations with net assets exceeding $10 million.
The tokenised bonds reference investment grade bonds and are structured based on the client’s desired tenor and yield. They are then minted and transferred to the client’s wallet on OCBC’s asset tokenisation platform.
