SGX and Temasek created the joint venture.

Singapore Exchange and Temasek created the joint venture in digital infrastructure. Financial terms were not disclosed. “The early success in our digital bond issuance platform has paved the way for SGX to make a larger move into digital assets, and we are very excited to take our digital asset business to the next level in partnership with Temasek. Together, we will capitalise on digitalisation trends that continue to shape global capital markets, and advance the development of capital markets infrastructure in Asia,” Lee Beng Hong, SGX Senior Managing Director, Head of Fixed Income, Currencies and Commodities.