Singapore’s banking regulator announced plans to promote tokenization in the financial services industry. The Monetary Authority of Singapore (MAS) said the effort will include deepening the liquidity of tokenized assets by the formation of commercial networks, according to a Monday (Nov. 4) press release. “MAS...
DBS and Ant International have launched a pilot of a blockchain-powered treasury and liquidity management solution designed to enable Ant International to reduce the settlement of intragroup transactions from days to seconds. The solution, DBS Treasury Tokens, will enable Ant International, a provider of digital...
Digital technology is undoubtedly the spear tip of innovation driving financial services forward. And that spear tip is coming to include blockchain, or distributed ledger, technology. That’s because proponents of blockchain and on-chain solutions believe the tokenization of financial assets could one day reshape the...
Two big players in the cryptocurrency space are doing what lots of businesses do when organic growth slows — hunting for smaller firms to buy, CNBC reported Tuesday (May 31). Representatives of FTX and Ripple reported their interest in acquiring other firms, the news network...
June 20, 2024
Digital technology is undoubtedly the spear tip of innovation driving financial services forward. And that spear tip is coming to include blockchain, or distributed ledger, technology. That’s because proponents of blockchain and on-chain solutions believe the tokenization of financial assets could one day reshape the operating models and transform the business functions around areas like […]
November 05, 2024
Swift has completed a successful pilot for tokenized fund subscriptions and redemptions using its network. The project — completed in partnership with UBS Asset Management and Chainlink — would allow digital asset transactions to settle with fiat payment systems across more than 11,500 financial institutions, in more than 200 countries and territories, Swift said Tuesday […]
November 04, 2024
Singapore’s banking regulator announced plans to promote tokenization in the financial services industry. The Monetary Authority of Singapore (MAS) said the effort will include deepening the liquidity of tokenized assets...
August 13, 2024
DBS and Ant International have launched a pilot of a blockchain-powered treasury and liquidity management solution designed to enable Ant International to reduce the settlement of intragroup transactions from days...
May 31, 2022
Two big players in the cryptocurrency space are doing what lots of businesses do when organic growth slows — hunting for smaller firms to buy, CNBC reported Tuesday (May 31)....
