The application, under MAS’s asset tokenisation initiative, demonstrates blockchain’s potential in post trade, but much more work is ahead before a full rollout.
The transaction marks a first for a major financial institution and sets the groundwork for NAB to support clients as they carry out transactions using digital assets.
SC veteran, Samuel Mathew, has joined Contour as a board director, in Singapore. The network's CEO sees opportunities to grow and commercialise its trade finance solution amid China’s reopening.
Chris Clark ascends to the role of APAC chair to help drive market expansion and lead strategic engagements with government and industry stakeholders in the region.