Malaysia Rolls Out Tokenised Bond Platform for Around-the-Clock Settlement
Bank Negara Malaysia has introduced SSDS+, a distributed ledger technology-based platform for issuing, depositing, and safeguarding tokenised bonds and Islamic sukuk.
Integrated with the RENTAS+ settlement system, it enables securities transactions and payments around the clock using central bank money.
The infrastructure is designed for wholesale markets and could support the tokenisation of government securities and corporate bonds.
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