• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

OCBC Bank Introduces a Platform for Investing in Tokenized Bonds

user avatar

by Giorgi Kostiuk

a year ago

Singapore’s OCBC Bank has introduced an innovative blockchain solution for corporate clients, enabling them to invest in tokenized bonds.

New Investment Platform

OCBC Bank has enabled its accredited investors to purchase bond units starting from S$1,000, significantly reducing the traditional minimum of S$250,000. The platform also allows for customization of bond duration and coupon rates, providing more tailored and liquid investment opportunities.

Improved Settlement and Flexibility

The new solution allows investors to reduce settlement times from five days to one. Among the bank's clients is a mid-sized construction firm that diversified its portfolio beyond traditional deposits.

Global Banking Trends

Global banks are exploring the tokenization of financial transactions. Last year, the Reserve Bank of Australia launched consultations for Project Acacia, aimed at exploring tokenized asset markets and CBDC for settlements. In June 2024, Germany's state-owned bank Kreditanstalt fuer Wiederaufbau started using blockchain technology to issue digital bonds.

OCBC Bank continues to advance its blockchain infrastructure, creating a more flexible and efficient environment for corporate investment management.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Steak n Shake Introduces Bitcoin Bonus for Hourly Employees

chest

Steak n Shake will reward hourly employees with a Bitcoin bonus starting in March 2025, with a two-year vesting period.

user avatarJacob Williams

Steak n Shake Partners with Regulated Crypto Custodian for Bitcoin Program

chest

Steak n Shake partners with a regulated cryptocurrency custodian to manage its Bitcoin bonus program for hourly employees, ensuring secure management and compliance.

user avatarAndrew Smith

Bhutan Plans to Introduce Validator on Sei Network in 2026.

chest

Bhutan is set to launch a validator on the Sei Network in the first quarter of 2026, in collaboration with the Sei Development Foundation and Druk Holding and Investments Ltd.

user avatarZainab Kamara

Kaisar Network collaborates with CMC OpenAI for the implementation of a GPU cluster.

chest

Kaisar Network has partnered with CMC OpenAI to deliver a GPU cluster powered by NVIDIA H200s, enabling the pretraining, finetuning, and deployment of foundation models.

user avatarSon Min-ho

Pumpfun Introduces $3,000,000 Public Development Hackathon.

chest

Pumpfun announces a new hackathon to fund 12 projects with $250,000 each, allowing token markets to decide project success.

user avatarAyman Ben Youssef

Binance Wallets Custom Network Feature Now Available

chest

On January 22, the custom network feature for Binance Wallets was fully launched, allowing users to add any EVM-compatible network and explore dApps.

user avatarKofi Adjeman

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.