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Finance

Singapore's Temasek and SGX join forces to tap blockchain tech

City-state moves to expedite issuance and settlement of financial offerings

The SGX Center: The Singapore and Hong Kong stock exchanges are still working out how to regulate SPACs, which have drawn a flood of investor cash in the U.S.

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.

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