UOB and ADDX conclude innovative digital bond partnership
The development of digital securities is an area that corporate treasurers need to watch closely, proponents say.
Singapore banking group UOB and digital securities platform ADDX announced on October 7 their collaboration to digitise a portion of Sembcorp’s inaugural S$675 million ($496.4 million) sustainability-linked bond (SLB), in a sign that the adoption of blockchain in capital markets is gaining traction.
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