(6 January 2025 – Singapore) OCBC has introduced customisable tokenised bonds in S$1,000 denominations, tailored for corporate clients with net assets exceeding S$10 million.
These bonds, linked to investment-grade securities, are designed according to clients’ preferred tenors and yields, minted on OCBC’s proprietary asset tokenisation platform, and transferred to clients’ digital wallets.
This marks OCBC’s second commercial use case leveraging its blockchain infrastructure developed in 2022, following a 2024 partnership with the Land Transport Authority (LTA) to pilot blockchain-based conditional payments for construction projects.
The platform enables fractional ownership, aiding clients in mitigating concentration risks and building more diversified portfolios. OCBC plans to extend its asset tokenisation capabilities beyond fixed income products to include structured products and funds, offering a more comprehensive suite of investment options.
Kenneth Lai, OCBC’s Head of Global Markets, highlighted: “As an industry, we have made significant strides in understanding and recognising the vast potential of tokenised assets. As we shift our focus towards commercialisation, we are proud to have developed bespoke tokenised bonds via our asset tokenisation platform. This innovation provides flexible and liquid investment alternatives, bringing tangible benefits to our customers.”