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 […]
Clearstream, DekaBank, and DZ Bank have jointly issued two tokenized bonds valued at €5 million each, using distributed ledger technology (DLT). These issuances are part of the European Central Bank (ECB) trials aimed at exploring the potential of DLT for settling wholesale transactions in central bank money. The entire process, from the transaction of the […]
