Intraday repo trade was made on JP Morgan’s Onyx intraday repo application DBS today announced that it had become the first bank in Asia to complete an intraday repurchase transaction on J.P. Morgan’s intraday repurchase application on Onyx Digital Assets, a blockchain based network which supports instant settlements and maturity of the transactions within hours […]
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 […]
