Oceanus Group has signed an MOU with HashKey Group to use regulated stablecoin settlement infrastructure in trade finance.
The partnership will tap on Oceanus's trade finance platform, with HashKey's regulated settlement rails, creating a first of its kind "operating system" for Asian trade corridors.
The parties are taking aim at what they call a "high-growth market opportunity": the deployment of stablecoin capital into real-world assets. This end-to-end flow proves that stablecoin settlement is operationally viable for multi-million dollar commodity trades, offering a blueprint for the wider institutional market.
"Oceanus has always been about securing the future of food. By partnering with HashKey, we are securing the future of how that food is traded," says Adrian Teo, CEO of Oceanus Digital Intelligence Network.
"We are evolving from an aquaculture pioneer into a digitally savvy global trade powerhouse, providing our partners with the speed and efficiency of digital assets without compromising on regulatory rigour," he adds.
"By serving as the preferred institutional settlement layer for ODIN, we are providing the regulated infrastructure necessary for stablecoin capital to flow into real-world trade," says Jason Tay, managing director of HashKey Technology Services.
"This is a critical step in our mission to enhance financial inclusion and security across Asian trade corridors," he adds.
Oceanus Group shares closed at 0.4 cent on April 9.
