Oct 18, 2024
Euroclear makes its first strategic foray into Asia through this Marketnode a Singapore based blockchain operator.
Euroclear has made a significant investment in Singapore’s Marketnode, marking its first foray into the Asian blockchain market. This partnership aims to enhance market infrastructure in the region by utilizing blockchain technology to improve fund movement and reduce settlement times. Marketnode, established in 2021 by SGX and Temasek, focuses on tokenization and blockchain-based fund management. The collaboration strengthens Singapore’s financial hub status and aligns with Euroclear's blockchain ambitions in Asia.
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