Singapore's OCBC Bank has introduced a blockchain-based solution that allows corporate clients to invest in fractionalized tokenized bonds. Accredited investors with over S$10 million in assets can now purchase bond units starting from S$1,000, in contrast to the traditional minimum of S$250,000. The solution also offers customizable bond duration and coupon rates, allowing for more tailored and liquid investment options. Settlement times have improved, with transactions now taking only one day compared to the usual five. This initiative builds on OCBC's previous blockchain projects and is part of a larger trend in global banks exploring tokenization for financial transactions.
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