Marketnode plans to launch a blockchain fund settlement infrastructure in late June and a tokenized credit product in Q1 next year
2024-06-03 17:41:53
Marketnode, a digital asset company founded by Temasek Holdings and the Singapore Exchange (SGX), announced plans to launch a blockchain-based fund settlement infrastructure in late June. It is expected to announce more strategic partners for the network, including Financial Institution Group and infrastructure participants, later in 2024, and launch tokenized credit products (such as bonds and loans) in the first quarter of 2025. Previously, Marketnode announced the completion of the Series A financing round, led by HSBC. The amount of financing has not been disclosed.
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