OCBC launch bespoke tokenised bonds via asset tokenisation platform
06 January 2025 Singapore
Image: stock.adobe.com/Yannick
OCBC has become the first bank in Singapore to launch the sale of bespoke tokenised bonds to corporate accredited investors.
The tokenised bonds are structured based on the client’s desired tenor and yield. These are then minted and transferred to the client’s wallet on OCBC’s asset tokenisation platform.
OCBC say that this asset tokenisation capability will streamline the entire lifecycle from creation and minting to ownership transfers and custody, and redemption through token burning.
Kenneth Lai, head of global markets at OCBC, says: “As we shift our focus towards commercialisation, we are proud to have developed bespoke tokenised bonds via our asset tokenisation platform. This innovation provides flexible and liquid investment alternatives, bringing tangible benefits to our customers.”
The tokenised bonds are structured based on the client’s desired tenor and yield. These are then minted and transferred to the client’s wallet on OCBC’s asset tokenisation platform.
OCBC say that this asset tokenisation capability will streamline the entire lifecycle from creation and minting to ownership transfers and custody, and redemption through token burning.
Kenneth Lai, head of global markets at OCBC, says: “As we shift our focus towards commercialisation, we are proud to have developed bespoke tokenised bonds via our asset tokenisation platform. This innovation provides flexible and liquid investment alternatives, bringing tangible benefits to our customers.”
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