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Project e-VCC to become trailblazer for blockchain-native securities in Singapore

Financial institutions and professional service providers have joined with InvestaX, a Singapore-licensed digital securities investment and trading platform, to publish a proof-of-concept (POC) for tokenising the Singapore Variable Capital Company (VCC) structure and its underlying assets using blockchain. UBS, State Street, PwC Singapore and international law firm CMS participated in the POC, known as Project e-VCC, according to an announcement…

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