Monographs/Information Papers
Published Date: 03 November 2021

Project Ubin Phase 3: Delivery versus Payment (DvP)

MAS and Singapore Exchange (SGX) announced that it is collaborating to develop Delivery versus Payment (DvP) capabilities for settlement of tokenised assets across different blockchain platform. This will allow financial institutions and corporate investors to carry out simultaneous exchange and final settlement of tokenised digital currencies and securities assets, improving operational efficiency and reducing settlement risks. Three companies, Anquan, Deloitte and Nasdaq were appointed as technology partners for this project. They will leverage the open-source software developed and made publicly available in Project Ubin Phase 2.