The Singapore blockchain exchange has reported US$300m traded volume of tokenised securities.
In a first for the Asian market, the Singapore Exchange-backed (SGX) fintech has distributed two short-dated fixed coupon notes (FCNs) on tokenised stocks, which were manufactured by Vontobel. One of the FCNs was traded in September 2021 linked to single blue chip US stock while the other to a basket of three blue chip European stocks launched in January 2022 – both products have matured, according to Joycelyn Ong (pictured) , head of growth at ADDX. We wanted to begin with a structured
Continue reading with a subscription to the SRP market intelligence platform.
Request DemoAlready a subscriber? Login