digital securities

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

South-east Asian digital securities exchange for alternative investments expects expansion, more allocation to asset class to drive increase

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?

Central banks face immense battle to persuade citizens that CBDC will not snoop on spending habits

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

The liquidity programme, in partnership with PhillipCapital, will benefit individual shareholders, who hold a total of 28 million shares

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

OSAKA Digital Exchange will begin Japan’s first trading of digital securities next month in the form of security tokens issued by real estate firms Ichigo and Kenedix, tapping individuals’ demand for ...

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

MAINBOARD-LISTED pawnbroking chain ValueMax Group has launched the first series of its two-month commercial paper (CP) in digital securities on Singapore’s Digital Assets Exchange (SDAX), “in response...

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

ValueMax Group has launched the eighth series of its three-month commercial paper (CP) in digital securities on the ADDX, through the private market exchange’s CP programme.

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

THE anti-malware security feature on the OCBC Digital app has prevented scammers from making away with more than S$2 million since its launch on Aug 5.

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 

THE emergence of digital money has raised important questions pertaining to the nature and function of money.

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

VALUEMAX Group launched on Tuesday (Jun 20) an issue of unsecured commercial paper in digital securities at an interest rate of 5.15 per cent with a maturity of three months.

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

They proliferate uncontrollably and are objects of speculation rather than stores of value