buildConfirmed3 publishers Seven banks have added RM15 billion (US$3.7 billion) to DayOne's Johor data centre financing, bringing the platform to RM30 billion. The lenders disclosed it on October 13, a week after DayOne filed for a Nasdaq IPO.
Perspective Coverage
3 publishers
- Builder
- Builder 18%
- Operator
- Operator 30%
- Investor
- Investor 52%
Reality
- Evidence62
- Adoption
- Not scored
- Hype gap+15
- Incentives58
- Confidence66
MAS plans to settle tokenised bills in wholesale CBDC after a three-bank overnight lending trial
Singapore's central bank will step up wholesale CBDC and stablecoin regulation work, MAS managing director Chia Der Jiun said on Friday. His wording is wider than central bank money alone, since deposit tokens and stablecoins get roles of their own.
Reality
- Evidence50
- Adoption15
- Hype gap+10
- Incentives
- Not scored
- Confidence55
Citi's buy-rated DBS falls further than downgraded OCBC on the second day of Singapore bank selling
Singapore's three big banks fell 4.29% to 5.16% on Thursday as a sell-off sparked by Citi's OCBC downgrade to sell ran a second day. DBS, still a Citi buy, dropped more than OCBC, a sign investors are pricing funding costs and valuations common to all three.
Reality
- Evidence62
- Adoption
- Not scored
- Hype gap+12
- Incentives35
- Confidence58
Ant International's Singapore-Malaysia treasury now settles around the clock in OCBC deposit tokens
OCBC says it is the first bank to run tokenised deposits for Ant International, settling the group's SGD and USD transfers between Singapore and Malaysia 24/7. The deployment takes OCBC's deposit-token work out of interbank tests on Swift's ledger and into a live corporate treasury.
Reality
- Evidence35
- Adoption20
- Hype gap+30
- Incentives70
- Confidence40
The transaction ran between two of the twelve banks that designed Swift's digital ledger, so what it proves is that the plumbing works. The money question is whether treasurers will pay to give up two days of float.
Perspective Coverage
3 publishers
- Builder
- Builder 27%
- Operator
- Operator 45%
- Investor
- Investor 28%
Reality
- Evidence50
- Adoption15
- Hype gap+40
- Incentives75
- Confidence60
Continuous settlement moves treasury's binding constraint from the clock to the ruleset
Citi's live dollar transactions with First Abu Dhabi Bank and OCBC, and SoFi's tie-up with Kraken's parent, both removed a cutoff time, which leaves CFOs deciding what software may release at 2am Sunday.
Reality
- Evidence42
- Adoption24
- Hype gap+28
- Incentives58
- Confidence40