News Snapshot:
Standard Chartered launches blockchain trade platform with Chinese fintech The joint venture operating the new blockchain-powered platform will be headquartered in Singapore and led by SC Ventures’ Amelia Ng as CEO. United Kingdom-based multinational banking firm Standard Chartered has launched a blockchain-powered trade finance platform through a joint venture with Chinese supply chain finance technology provider Linklogis. Dubbed Olea, the platform will aim to meet the needs of institutional investors that are “seeking opportunities in an alternative asset class with businesses requiring supply chain financing,” according to a report from The Korea Herald published on Monday. The joint venture operating...
