Deloitte, Nasdaq and Blockchain Startup Anquan Partner for Singapore Stock Exchange

Singapore’s central bank has signed a deal bringing together ‘big four’ accounting and services firm Deloitte, Nasdaq and blockchain startup Anquan for the Singapore Stock Exchange (SGX) to ease digital asset settlements using blockchain technology. The aim is to develop Delivery-versus-Payment (DvP) capabilities, a commonly used procedure for settling trades of securities, across different blockchain platforms.  MAS’ chief fintech officer, Sopnendu Mohanty cited that the “involvement of three prominent technology partners highlights the commercial interest in making this a reality.” According to an announcement by the Monetary Authority of Singapore (MAS) and SGX, the…

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