SGX, Temasek form digital asset JV on capital market workflows

The venture will look to partner with fixed income issuance platforms.

Singapore Exchange (SGX) and Temasek have formed a joint venture (JV) set to be Asia Pacific’s first exchange-led digital asset venture focused on capital markets workflows through smart contracts, ledger and tokenisation technologies, according to a press release.

The JV will look to partner with fixed income issuance platforms to connect to its post-trade and asset servicing infrastructure, providing issuers, arranger banks, lawyers, investors, and paying agents with an issuance-to-settlement network for Asia bonds.

It will also focus on other existing and emerging asset classes that have seen growing market demand, including funds and sustainable finance, the joint release added.

The partnership will combine SGX’s multi-asset experience and strengths in operating market infrastructure and Temasek’s expertise in blockchain technology and ecosystem connectivty.

The venture reportedly builds on the successful collaboration between SGX, Temasek, and HSBC that culminated with the issuance of Asia’s first public syndicated digital bond for Olam International in August 2020. SGX’s digital asset issuance, depository and servicing platform was used to issue four digital bonds by several issuers, with a total size of over $1b.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia