Blockchain / Crypto
CIMB sets path for tokenized sukuk issuances to deepen digital capital markets agenda
Malaysia-based lender CIMB Group Holdings Berhad has announced its commitment to develop tokenized financial services spanning tokenized assets, tokenized settlement and next-generation payment rails, supporting Malaysia’s national agenda to broaden adoption of tokenization across the financial ecosystem.
BLIFE Protocol merges with Portal and operates as Portal, supported by Animoca Brands and G-20
BLIFE Protocol (BLIFE), a decentralized protocol on the Bitcoin blockchain focused on integrating Web3 applications and cultural experiences, announced Monday it has merged with Portal, an interoperability and liquidity infrastructure for Web3 gaming centered on the utility token PORTAL. The combined business will operate under the Portal brand.
Standard Chartered launches blockchain-based tokenized deposits solution in SGD and USD in Singapore
Following the successful completion of its pilot SGD denominated liquidity transfers for Ant International, Standard Chartered announced that it has introduced a tokenized SGD and USD account balances solution for Ant International on the latter’s blockchain-based real-time global treasury management platform, the Whale platform.
Crypto.com collaborates with DBS to enhance fiat capabilities in Singapore
Singapore-based Crypto.com announced Thursday a strengthening of its fiat payment capabilities with DBS Bank, Singapore's largest bank by assets.
MetaComp and Stable join forces to boost cross-border payments with stablecoins
MetaComp Pte. Ltd., a major payment institution and digital payment token service provider based in Singapore, has entered into a strategic collaboration with Stable, a next-generation Layer 1 blockchain optimized for stable coin adoption and cross-border payments.
Animoca Brands to partner with GROW, invest in GROW Digital Wealth
Animoca Brands, a Hong Kong-based digital assets firm, announced Tuesday that it has entered into a term sheet with GROW Investment Group (GROW), a China-based investment and asset management platform backed by Julius Baer.
Three years after the FTX collapse, did we really learn?
The industry needs to move beyond short-term fixes. Proof-of-reserves snapshots are insufficient because they rarely reveal liabilities. Risk models should be documented with clarity comparable to traditional derivatives markets. Platforms must adopt incident-reporting frameworks that provide users with timely, specific information rather than controlled…
Halogen Capital completes $3.2M funding round led by Kenanga Investment Bank, 500 Global
Halogen Capital Sdn Bhd, a Malaysia-based licensed digital asset fund manager, announced Monday the successful completion of its $3.2 million funding round, with Kenanga Investment Bank Berhad, Malaysia’s independent investment bank, as the lead investor, alongside 500 Global, a global venture capital firm, and other investors.
Capital A and Standard Chartered Malaysia to explore MYR stablecoin sandbox initiative
Capital A Berhad and Standard Chartered Bank Malaysia Berhad announced Friday the signing of a letter of intent (LOI) to jointly explore the development and testing of a Ringgit (MYR)-denominated stable coin through the Digital Asset Innovation Hub (DAIH) under Bank Negara Malaysia (BNM).
Singapore’s MetaComp raises $22M Pre-A to scale stablecoin hybrid payment network for cross-border payments
MetaComp Pte. Ltd., a Singapore-based licensed stablecoin cross-border payments and treasury management service provider, announced Monday it has raised $22 million in its Pre-A funding round.
