Fintech BondEvalue makes bond trading accessible through blockchain
Singapore
IN THE near future, investors may just need to fork out US$1,000 to invest in wholesale bonds, compared with the hefty minimum of US$200,000 currently.
This will take place through Singapore-based fintech firm BondEvalue's blockchain-based fractional bond trading platform. The exchange is expected to go live by end-November, and will be launched via the Monetary Authority of Singapore's (MAS) Sandbox Express.
The regulatory sandbox - which the firm will stay in for about nine months - provides companies with a faster option to test certain innovative financial products and services in the market. Real tr…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Banking & Finance
Abu Dhabi returns to debt market with new US dollar bond
Ping An profit falls as market declines hurt investment returns
BOJ will hike rates if trend inflation accelerates, says Ueda
Binance’s rivals muscle in on Bitcoin trading around the world
Citi picks Amit Dhawan to head Singapore commercial bank operations
China finance ministry echoes Xi’s call for bond trading at PBOC