Financial Services Firm Euroclear Invests in Singapore Blockchain Company Marketnode

Financial services company Euroclear has announced an investment in Singapore-based blockchain company Marketnode, specifically the acquisition of a strategic stake in Marketnode for an undisclosed amount, according to official sources.Euroclear's investment is aimed at modernizing the infrastructure of the financial markets using blockchain, with a focus on simplifying funds management and reducing settlement times through distributed ledger technology. Euroclear Marketnode was reportedly founded by SGX Group and Temasek in 2021.

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