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The financial services company Euroclear invests in the Singapore blockchain company Marketnode.

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#Fundraising
Odaily
257Words
Oct 17, 2024

Financial services company Euroclear has announced its investment in Singapore blockchain company Marketnode, specifically acquiring a strategic stake in Marketnode, although the acquisition amount has not been disclosed. Euroclear's investment aims to leverage blockchain technology to modernize financial market infrastructure, focusing on simplifying fund management and reducing settlement times through distributed ledger technology. It is reported that Marketnode was founded in 2021 by the Singapore Exchange Group and Temasek.

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