
SINGAPORE -- Singapore-owned investor Temasek and the city-state's stock exchange SGX on Friday announced a joint venture forming a company that will tap distributed ledger technology, or blockchain, to provide financial offerings for trading.
The company will look at using the tech to streamline the process of issuing and settling trading of listed products on the Singapore Exchange. It will start with bonds, funds and sustainable finance products, before potentially extending to cover other asset classes such as equities.