The partnership builds on the collaboration between SGX, Temasek and HSBC in August 2020, which lead to the issuance of Asia’s first public syndicated digital bond for Olam International, which totalled some $1 billion.
Singapore Exchange (SGX) and Temasek Holdings have, on Jan 22, entered into a joint venture (JV), which is set to be Asia Pacific’s (APAC) first exchange-led digital asset venture.
The venture will focus on capital markets workflows through smart contracts, as well as ledger and tokenisation technologies.
