Last week, SBI Digital Markets and Securitize announced plans to jointly build a digital asset issuance and distribution platform in Singapore, and to start issuing tokenized bonds in November.
SBI Digital Markets, a subsidiary of SBI Digital Asset Holdings (SBI DAH), received a Capital Markets Services (CPM) license from the Monetary Authority of Singapore (MAS) in September.
The two companies will jointly provide blockchain-based issuance and distribution services for institutional investors. SBI Holdings invested in Securitize in 2019.