From TokenPost · · 40s
Malaysia Launches Tokenized Bond Platform
Malaysia's central bank launches 24/7 tokenized bond platform for round-the-clock settlement.
In brief
Malaysia's central bank launches 24/7 tokenized bond platform for round-the-clock settlement. Bank Negara Malaysia launched SSDS+ to enable round-the-clock settlement of tokenized bonds and sukuk using central bank money. Originally reported by TokenPost.
Bank Negara Malaysia Launches SSDS+
Bank Negara Malaysia launched SSDS+ for tokenized bonds and sukuk with round-the-clock settlement in central bank money.
SSDS+ Handles Tokenized Securities
SSDS+ records security ownership and tracks transfers while RENTAS+ handles matching payments in central bank money.
24/7 Settlement System
The platform enables round-the-clock settlement using central bank money for tokenized bonds and sukuk.
The key point
Bank Negara Malaysia launched SSDS+ to enable round-the-clock settlement of tokenized bonds and sukuk using central bank money.
