Sygnum, a global digital asset banking group, just announced the launch of Sygnum Connect, a groundbreaking 24/7 multi-asset instant settlement network. This innovative platform is designed to streamline fiat, digital assets, and stablecoin transactions for institutional investors, liquidity providers, stablecoin issuers, brokers, and selected exchanges. Revolutionizing Settlement in the Digital Asset Ecosystem Sygnum Connect addresses […]
Reported by Ledger Insights. Singapore-based Partior has successfully completed a proof of concept (PoC) for foreign exchange (FX) payment versus payment (PvP) settlement using its blockchain network. The PoC involved key participants, including co-founders JP Morgan and DBS Bank, along with Mizuho, Japan’s third-largest bank. Partior already offers a production solution for instant 24/7 cross-border […]
The Monetary Authority of Singapore (MAS) has announced an expansion of initiatives to advance asset tokenisation within financial services. This effort includes partnerships with global industry associations and financial institutions to establish common standards for asset tokenisation in fixed income, foreign exchange (FX), and asset & wealth management. Additionally, MAS and international financial institutions have […]