MAS, SGX to explore DvP settlement across blockchain platforms

Singapore

AS interest grows in blockchain and its many uses, the Singapore Exchange (SGX) and the Monetary Authority of Singapore (MAS) are continuing to explore ways to trade assets efficiently and safely with the technology.

The two parties announced on Friday that they will be collaborating with Anquan, Deloitte and Nasdaq to develop Delivery versus Payment (DvP) capabilities for settlement of tokenised assets across different blockchain platforms.