OCBC Bank, Singapore's second-largest bank, has launched a blockchain-based customized corporate bond tokenization solution

ChainCatcher news, Singapore's second-largest bank, OCBC Bank, recently launched a blockchain-based customized corporate bond tokenization scheme aimed at helping corporate clients diversify their financial assets. The scheme allows corporate clients to invest in bonds starting from 1,000 Singapore dollars, with the ability to customize bond terms and interest rates according to their needs, with tokens referencing existing investment-grade bonds.

This scheme is an innovative project developed by OCBC based on blockchain technology. Kenneth Lai, OCBC's Head of Global Markets, stated that the company will further expand its product line to cover more types of tokenized assets.