🚀 Euroclear Acquires Strategic Stake In Singapore Blockchain Firm Marketnode
#Euroclear #Marketnode #blockchain #financialservices #Singapore #investment #fundmanagement #settlementtimes #distributedledger #tokenization
According to Foresight News, financial services company Euroclear has acquired a strategic stake in Singapore-based blockchain firm Marketnode. The specific amount of the acquisition has not been disclosed. Euroclear's investment aims to modernize financial market infrastructure by leveraging blockchain technology, with a focus on streamlining fund management and reducing settlement times through distributed ledger technology.
Marketnode was founded in 2021 by the Singapore Exchange Group and Temasek. The company operates two blockchain platforms, Gateway and Fundnode, which specialize in tokenization and digital fund management.#Euroclear #Marketnode #blockchain #financialservices #Singapore #investment #fundmanagement #settlementtimes #distributedledger #tokenization