MAS and SGX develop DvP for digital assets

This will shorten settlement cycles and simplify post-trade processes

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“Blockchain technology and asset tokenisation are fuelling a new wave of innovation globally,” says Sopnendu Mohanty

The Monetary Authority of Singapore (MAS) and Singapore Exchange (SGX) have developed a prototype for delivery-versus-payment (DvP) capabilities for the settlement of tokenised assets across different blockchain platforms.

The new solution will help simplify post-trade processes and shorten settlement cycles, according to the regulator.

The prototype was developed with technology partners Anquan, Deloitte and Nasdaq, and it allows investors to carry out the simultaneous exchange and final

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