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Deutsche Bank, STACS test DLT for digital assets, ESG bonds

Deutsche Bank, STACS test DLT for digital assets, ESG bonds
theasset.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theasset.com Daily Mail and Mail on Sunday newspapers.

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Singapore-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions – TechCrunch

Singapore-based fintech STACS raises $3.6M to develop blockchain platforms for financial institutions
Singapore-based fintech Hashstacs Pte Ltd (STACS) announced today it has raised $3.6 million USD in pre-Series A funding. The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments. The round was led by Wavemaker Partners, which focuses on enterprise and deep tech companies in Southeast Asia, with participation from the Tribe Accelerator, a program for blockchain startups backed by the Singaporean government. STACS participated in Tribe last year, along with Project Ubin, the Monetary Authority of Singapore’s blockchain-based multi-currency payments network initiative. ....

Gavin Lee , Hashstacs Pte Ltd , Paribas Securities Service , Monetary Authority Of Singapore , Deutsche Bank , Wavemaker Partners , Southeast Asia , Tribe Accelerator , Project Ubin , Monetary Authority , Eastspring Investments , Bursa Malaysia , Benjamin Soh , Bluecell Intelligence , கவின் லீ , பரிபாஸ் பத்திரங்கள் சேவை , பண அதிகாரம் ஆஃப் சிங்கப்பூர் , டாய்ச் வங்கி , தென்கிழக்கு ஆசியா , பழங்குடி முடுக்குப்பொறி , பண அதிகாரம் , பெஞ்சமின் சோ ,

SG's fintech startup STACS raises $3.6m in pre-Series A round

April 20, 2021
Singapore-based STACS has bagged $3.6 million in a pre-Series A round led by early-stage venture capital firm Wavemaker Partners, with participation from Tribe Accelerator and existing investor Stellar Partners.
This brings the total amount raised by the fintech startup to $6 million since it was founded in 2019.
The current round, which is equity-based, is a prelude to the company’s Series A funding round. STACS will start fundraising in the third quarter of this year, its founder and managing director Benjamin Soh told DealStreetAsia, adding that the upcoming round will be larger than the latest haul.
The fresh funds will help the company hire more people as it tries to scale up, he said. It currently has 30 employees, and aims to have 15 more by the end of this year – half of them in the technical team, and the other half in business development. ....

Hong Kong , Gray Ferguson , Aviva Singlife Holdings , International Settlements , Deutsche Bank , Wavemaker Partners , Tribe Accelerator , Benjamin Soh , Standard Charted , Aviva Singlife , Stellar Partners , ஹாங் காங் , ராய் ஃபெர்குசன் , சர்வதேச குடியேற்றங்கள் , டாய்ச் வங்கி , பழங்குடி முடுக்குப்பொறி , பெஞ்சமின் சோ , தரநிலை பட்டியலிடப்பட்டுள்ளது , நட்சத்திர கூட்டாளர்கள் ,