OCBC Bank launches bespoke tokenised bonds for corporate accredited investors in Singapore, enabling diversified investments with lower denominations.

Target Information

OCBC has launched its bespoke tokenised bonds specifically for corporate accredited investors (corporate AIs) in Singapore. This innovative financial product is available in denominations of S$1,000, allowing these corporations, which possess net assets exceeding S$10 million, to diversify their investment portfolios. The bonds are designed with reference to investment grade bonds, tailored to suit clients' preferred tenors and yields, and are minted and transferred to clients' wallets through OCBC's asset tokenisation platform.

This marks OCBC's second commercial application of its blockchain technology, which was originally developed in 2022. The inaugural use of this technology involved a partnership with the Land Transport Authority (LTA) to pilot a blockchain-based conditional payment solution for construction projects in 2024.

Industry Overview in Singapore

Singapore has positioned itself as a leading financial hub in Asia, sending strong signals towards the adoption of innovative financial technologies. The government has been actively encou