The solution will allow Ant International to move Singapore dollar and US dollar liquidity between Singapore and Malaysia around the clock.
OCBC has partnered with Ant International to launch a tokenised deposit solution that enables 24/7 treasury management and liquidity transfers between Singapore and Malaysia. Tokenised deposits are digital representations of commercial bank deposits The solution will allow Ant International and its businesses to move liquidity between group entities more quickly, supporting cross-border working capital management. It is available through WhaleRTP, Ant International’s blockchain-b