DBS today announced a partnership with Open Government Products (OGP) to launch a live pilot where purpose-bound money-based vouchers (PBM vouchers) are issued using tokenised SGD to facilitate “real-world” live transactions with selected merchants. This forms part of Project Orchid, an industry effort led by the Monetary Authority of Singapore (MAS), to develop the technology […]
World’s largest custodian bank leads development of financial infrastructure to support digital assets BNY Mellon has announced that its Digital Asset Custody platform is live in the U.S. With select clients now able to hold and transfer bitcoin and ether, this milestone reinforces BNY Mellon’s commitment to support client demand for a trusted provider of both traditional […]
Sygnum announces the opening of the first metaverse hub by a Swiss bank in the virtual equivalent of New York’s Times Square. The Decentraland hub is Sygnum’s Web3 portal to the emerging USD 5tn metaverse economy, and features a CryptoPunk receptionist, interactive NFT gallery and event space. Sygnum officially launches its Decentraland metaverse hub with […]
