digital securities

Alta to open Middle East branches, sees private deal flow jumping 10 times

Most, if not all, central banks are conducting research into developing their own digital currencies.
THE BOTTOM LINE

How will digital ecosystems develop in 2024?

Income Insurance was corporatised in 2022. The liquidity programme by Alta and PhillipCapital creates an avenue for shareholders to buy and sell their shares on Alta's digital securities exchange.

Income Insurance shares to list on Alta exchange

Tokyo-based Ichigo will sell about 3 billion yen (S$27.1 million) of securities backed by property investments, and trading will start on Dec 25.

Japan to start digital securities trading from December

The digital securities mature about two months from their date of issuance, or Oct 12.

ValueMax to raise up to S$20 million from digital commercial paper

ValueMax offers pawnbroking and secured moneylending services, and engages in the retail and trading of jewellery and gold.

ValueMax to raise up to S$50 million through digital commercial paper

OCBC notes that within a month, more than 30 customers have reported malware in sideloaded apps that compromised their Android mobile phones.

New security feature on OCBC app has prevented loss of S$2 million

Policymakers and regulators are concerned about linking digital assets to real economic value.
THE BROAD VIEW

Digital money needs to be bound to the real world 

ValueMax expects to  raise S$10 million to S$20 million from accredited and institutional investors from its inaugural digital commercial paper to be listed on the SDAX digital platform.

ValueMax launches unsecured digital commercial paper at 5.15% to raise up to S$20 million

The crypto universe does not provide a desirable alternative monetary system. But technology can and should do so.

Cryptocurrencies are not the new monetary system we need