Blockchain / Crypto

Amber International, a Singapore-based provider of institutional digital asset financial services and solutions operating under the brand name “Amber Premium”, announced Monday its comprehensive expansion into the digital assets treasury (DAT) sector.

Singapore-based tech firm Synthesys (formerly known as Equitize) has raised $11 million, in combined seed and strategic funding to build next-generation infrastructure for tokenized securities globally.

Japan-based venture capital firm Credit Saison has established “Onigiri Capital,” a fund specializing in blockchain investments, through its Singapore-based subsidiary, overseas corporate venture capital (CVC).

Singaporean bank DBS, American multinational investment management Franklin Templeton and technology firm Ripple are partnering to provide accredited and institutional investors with innovative trading and lending solutions, powered by tokenized money market funds on the XRP ledger blockchain and stablecoins such as Ripple USD (RLUSD).

If exchanges want to earn the confidence of Asia’s investors again, they need to understand that money alone won’t build credibility. Transparency, professionalism, and reliability will. And to project that image, they will need clear communication practices.

Despite the fact that stablecoins have been around for a while now, their march into the wallets of mainstream users is just getting started with payments. The long-lasting impacts on future global trade will become more apparent as adoption rates increase around the world.

Headquartered in San Francisco and Dublin, Stripe processes over $1.4 trillion of payments annually, equivalent to 1.3 percent of global GDP. Stripe users include half of the Fortune 100, 80 percent of the Forbes Cloud 100 and 78 percent of the Forbes AI 50.

StraitsX, a licensed Major Payment Institution (MPI) based out of Singapore and issuer of the XSGD and XUSD stablecoins, has announced a strategic memorandum of understanding (MOU) with TBCASoft, the U.S.-based on-chain finance innovator and the creator of the HIVEX® Network.

Animoca Brands, the Hong Kong-based Web3 and digital property rights firm, Fosun Wealth Holdings, a digital global wealth management platform, and FinChain, an innovator in blockchain finance, have announced a strategic partnership to advance the development of Asia’s real-world asset (RWA) ecosystem.

Singapore's Crypto.com has inked a strategic partnership with US's Trump Media and Technology Group Corp. following the launch of a new crypto treasury firm.