Temasek is a Singaporean state-owned holding company supported by 13 offices around the world. As of March 31, 2022, Temasek's portfolio is worth S$403 billion (US$281 billion).
Fnality began as a research project to explore how Distributed Ledger Technology (DLT) could transform financial markets. This project drew the interest of a consortium of financial institutions, who wanted to investigate how blockchain and DLT could be used to settle securities trades with tokenised cash assets. This initiative was known as the Utility Settlement Coin (USC) Project and its primary goal was to create a peer-to-peer digital cash asset to settle tokenised transactions with finality.
Partior is a blockchain platform for payments clearing and settlement, born from the Project Ubin collaboration, founded by J.P. Morgan, DBS and Temasek, and backed by MAS. It enables end-to-end atomic settlements in multiple currencies, replacing the sequential approach to payments settlement. The platform seeks to make digital clearing and settlement more efficient, reliable, and secure for financial institutions worldwide. It leverages the key benefits of programmability, immutability, and traceability, which are inherent features of blockchain and distributed ledgers, and aims to address multi-currency and cross-border payments pain points.
Marketnode, founded by SGX Group and Temasek, is Asia-Pacific’s DLT powered financial market infrastructure. Marketnode operate two flagship platforms, Gateway and Fundnode. Gateway is a one-stop, end-to-end platform enabling market participants to accelerate workflows, lower time to market, and capitalise on the transformative potential of tokenisation. Fundnode is Singapore’s investments fund infrastructure on blockchain, providing the funds ecosystem with a single platform for transaction management, funds processing, and record-keeping.
