Euroclear announced its acquisition of a strategic stake in Marketnode. It is a Singapore-based digital market infrastructure operator. This move marks Euroclear’s first investment in Asia.
Euroclear has invested in Marketnode to enhance its capabilities in digital market infrastructure. The financial details of the transaction are not out yet. Euroclear aims to contribute to the development of Asia-Pacific’s financial market infrastructure. The focus is on simplifying fund flows and reducing settlement times using advanced technology. Euroclear is committed to expanding its one-stop-shop fund solution, Euroclear FundsPlace®, in the Asia-Pacific region.
The investment will have the following effects on users:
Euroclear’s investment aims to leverage blockchain technology to reduce settlement times for financial transactions. Traders and investors can benefit from quicker fund transfers. It will enhance liquidity and allow faster response to market changes.
Marketnode’s Fundnode platform, supported by Euroclear, simplifies transaction management and record-keeping for investment funds. Investors will find fund administration more streamlined. It will reduce the complexity involved in managing multiple fund transactions.
By using distributed ledger technology (DLT), Marketnode increases security and transparency. This reduces risks related to fraud or errors.
Traders and investors in the Asia-Pacific region can access advanced financial infrastructure. It combines tokenization and blockchain technology. It will improve the efficiency and accuracy of trading and investment processes.
Traders and investors will have more opportunities to explore and invest in tokenized assets. It will potentially diversify their portfolios with new financial instruments.
Euroclear is a global financial services company. It plays a key role in the settlement of securities transactions. It ensures that trades are executed and completed efficiently. Euroclear acts as a central securities depository (CSD) and a clearinghouse. The company helps financial markets operate smoothly by reducing risks, such as counterparty risk, and enhancing liquidity.
Marketnode is a Singapore-based digital market infrastructure operator. It was created as a joint venture between SGX Group and Temasek. It aimed to modernize financial market infrastructure using blockchain technology. Marketnode operates platforms that support tokenization, data management, and transaction processing, particularly within the Asia-Pacific region. Their two primary platforms are Gateway, which helps digitize fixed-income issuance, and Fundnode, a blockchain-based fund settlement platform.
Euroclear’s collaboration with Marketnode will advance the financial market infrastructure in Asia-Pacific. With support from key investors like HSBC and Euroclear, Marketnode will lead the development of next-generation financial services.
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