From TokenPost · · 40s
Malaysia's Central Bank Launches 24/7 Bond Settlement
Malaysia's central bank launches tokenized bond platform with round-the-clock settlement.
In brief
Malaysia's central bank launches tokenized bond platform with round-the-clock settlement. Bank Negara Malaysia launched SSDS+ on Oct 20 to enable 24/7 settlement for tokenized bonds and sukuk. Originally reported by TokenPost.
Bank Negara Malaysia Launches SSDS+
Bank Negara Malaysia launched SSDS+ on Oct 20, giving tokenized bonds and sukuk a platform that connects digital ownership records with round-the-clock payments in central bank money.
SSDS+ Handles Issuance and Settlement
SSDS+ manages issuance, depository services, and safekeeping for securities while recording ownership and transfers.
24/7 Bond Settlement via RENTAS+
RENTAS+ connects to SSDS+ to transfer bond purchase payments in central bank money, enabling round-the-clock settlement for digitally recorded securities.
The big picture
Bank Negara Malaysia launched SSDS+ on Oct 20 to enable 24/7 settlement for tokenized bonds and sukuk.
