Enabling Sustainability as The Nexus of ESG Finance
Helping companies of all sizes achieve ESG goals via technology
Our smart contract platform interacts with ESG data from the ESGpedia, receives ongoing notifications on key lifecycle events, and executes required actions automatically.
Connect corporates with our robust ecosystem of financial institution partners to chart your own sustainability journey – achieve greater ESG capabilities and attain ESG financial services.
The ESG Registry in partnership with the Monetary Authority of Singapore’s (MAS) Project Greenprint. One-stop registry of ESG data and certifications for financial institutions, corporates, and SMEs, empowering the financial sector and multiple industries across Asia towards sustainability and net zero via holistic data, digital tools, and effective ESG financing.
Begin your net zero journey today
Our smart contract platform brings digitalisation and automation for the financial sector, unlocking value via automated concurrent processing, real-time perpetual reconciliation, and effective multi-asset lifecycle management. Covering ESG Financial Products, Vetta interacts with ESG data from ESGpedia, enabling effective and automated ongoing monitoring and lifecycle management.
Our Story and Milestones
Bringing forward the future of Sustainable Finance
Timed fittingly at the start of 2023, we embarked on our company retreat to the beautiful tropical beaches of Desaru, Malaysia, to foster deeper bonds with our team members and align on our common goal of bringing forward the future of Sustainable Finance. Walking the talk as Asia's leading ESG FinTech, we also incorporated CSR in the main agenda, through a day of Beach Cleanup.
The pressure is on for all sectors to commit to going green in 2023, with growing regulatory and business push. Singapore will continue leading the region's sustainable development towards net zero and ESG Finance, across various industries including carbon credits, fashion and textile, real-estate, hospitality, e-commerce, and more. Read our 2023 ESG Finance outlook on how every sector needs to step up their green efforts this year, or fear losing competitiveness and being left behind.
The fashion industry faces difficulty in conducting Supplier Sustainability Monitoring, lack of standardised reporting formats, and difficulties in establishing traceability of sustainable fashion efforts. Read on to see how STACS’s platform, ESGpedia, helps to greenify this process and enable ESG finance.
STACS was invited to speak at COP27 on the first-ever Singapore Pavilion. Aligned with the consensus that Asia is where the fight against climate change will be won or lost, we presented our solution to enable companies on a clear pathway towards net zero, as well as launched our carbon credits solution with Razer as our first partner. View our key takeaways at COP27 on ESG Finance here.
2022 was a year that solidified our commitment to bringing forward the future of Sustainable Finance, and our position as Asia’s leading ESG FinTech, paving a clear pathway for the region’s net zero transition. Read on for our 2022 key highlights and on our progress on ESGpedia within MAS’ Project Greenprint.
MoneyFM 89.3 Interview: The future of sustainability for e-commerce is here. Join us as Kenneth Ng, Sustainability Lead at Razer Inc. and Kimberly Lee, Carbon Solutions Lead at STACS, discuss how Restorify is in place today and empowering gamers and end-consumers to offset their carbon footprint through traceable, high-quality carbon credits.
How can green fintech and ESG data help the hospitality industry in Singapore and across Asia achieve ESG finance and decarbonization? Discover how here.
Singapore’s data centre industry to be digitally transformed towards decarbonisation by homegrown techs Red Dot Analytics and STACS ESGpedia
With Singapore being the long-standing data centre hub of Asia Pacific, RDA and STACS have entered a strategic partnership to provide a holistic platform to transform Singapore's data centre industry, and shape a sustainable digital future, through STACS' ESGpedia. This is aligned with the Infocomm Media Development Authority’s and Economic Development Board’s initiative that aims to allow the "calibrated and sustainable growth" of data centers in Singapore.
ESGpedia, the Greenprint ESG Registry, marks significant milestones with the unveiling of 9 live use cases for the real economy with global financial institutions and corporates
The live use cases set a precedent in their various industries and can be replicated across Asia to empower businesses in their green and decarbonisation journey via better data, digital tools, and effective ESG financing.
STACS partners with Razer to enhance transparency in the carbon credits lifecycle with end-to-end traceability of high-quality carbon offsets
Razer customers globally will be empowered to engage in conscious choices and participate in carbon offsets, through its newly-launched Restorify service. The partnership is powered by STACS’ Carbonpal platform, which is a carbon credits digital management platform that facilitates the fractionalisation of carbon credits for purchase by end consumers. Carbonpal is integrated with ESGpedia.
Spark Systems’ journey towards its ESG disclosure began with them successfully measuring and monitoring their carbon footprint. Being onboard ESGpedia encompasses three key benefits: Greater Transparency, Sustainable Financing, and Maintaining Competitiveness.
Manulife Investment Management joins forces with STACS’ ESGpedia registry on a pilot for effective review of sustainability labelled bonds
The cooperation centres around the usage of STACS’ ESGpedia digital registry, which powers the ESG Registry of the Monetary Authority of Singapore’s (‘MAS’) Project Greenprint. A pilot phase of the cooperation is underway, where Manulife Investment Management seeks to pilot innovative investment monitoring techniques for sustainable investments.
Citadines Bali will be the first hotel in Bali to adopt digital tools to track emissions from its operations, which can be replicated to enable other hotels or buildings who are transforming to be more sustainable by utilising holistic ESG data and digital tools. The partnership involves the technical integration of EnOSTM, Envision Digital’s net zero platform for decarbonisation to the ESGpedia digital registry, which powers the ESG Registry of the Monetary Authority of Singapore’s (‘MAS’) Project Greenprint.
Singlife with Aviva Collaborates with CO2 Connect (CO2X) to Develop New Green Motor Insurance for Electric Vehicles, through ESGpedia
Singlife will leverage CO2X’s data tracking and analytics capabilities to publish policyholders’ sustainability reports on ESGpedia, which tracks data including fuel consumption, carbon emissions, and carbon intensity. Using this information obtained with consent from insurance policyholders, Singlife will be able to efficiently develop and better structure new motor insurance policies by accurately assessing and monitoring environmental impact and costs.
Maxeon has embarked on leveraging holistic ESG data and digital tools on ESGpedia for monitoring the sustainability performance of suppliers in its end-to-end supply chain. Via the partnership, Maxeon is enabled to select suppliers based on their emissions and provide greater transparency of its carbon footprint for its stakeholders.
Thailand state-owned power utility EGAT partners with STACS to bring greater transparency to the Renewable Energy Certificates (RECs) market in Thailand and ASEAN
EGAT is one of the world’s leading independent certifiers of renewable energy. STACS’ ESGpedia ensures the integrity of the RECs traded, enhancing trust and adoption amongst market participants, accelerating the country’s carbon neutrality goal.
Money is pouring into ESG funds – where priority is given not just to financial performance, but also environmental, social and governance factors of a company. Can the trend for sustainability continue in this volatile economic environment? How can green fintech and data help banks and asset managers?
Everimpact and STACS partner to bring transparency to the carbon credits market for banks and corporates through ESGpedia, which powers the ESG Registry of the MAS’ Project Greenprint
STACS and Everimpact headquartered in France today announced their partnership to provide banks and corporates involved in the carbon market with greater transparency and trust.
Since the establishment of the United Nation’s 2030 Sustainable Development Agenda and the Paris Agreement, governments and members of society have been uniting on the frontier of sustainability.
STACS achieves ISO 22301:2019 Certification in Business Continuity Management System, supporting scale up
Leading Singapore ESG FinTech firm, Hashstacs Pte Ltd (STACS) has achieved the globally-recognised ISO 22301:2019 certification in Business Continuity Management System for the provision of its blockchain infrastructure platform after an extensive audit of the company’s business continuity practices. The certification was awarded by TÜV SÜD PSB.
U-Reg and STACS partner to provide Singapore corporates with an intuitive Environmental Risk Questionnaire (ERQ) reporting platform and direct connectivity to ESGpedia, which powers the ESG Registry of the MAS’ Project Greenprint
The Environmental Risk Questionnaire, launched earlier this year by the Association of Banks in Singapore for banks in Singapore, is now available for all corporates to digitally submit on U-Reg’s ESG reporting platform with direct connectivity and technical integration to ESGpedia by STACS.
A wave of green is sweeping through the economy. Everywhere, businesses of all sizes – from neighbourhood mom-and-pop shops to large corporates like BlackRock – are recognising the significance of sustainability as a core consideration for long-term economic success.
At STACS, we believe in equal opportunities for everyone across different departments. Through every employee’s learning experience, we encourage ownership, regardless of projects and roles.
Putting the spotlight on our Blockchain Engineer Intern, meet Loh Yih Hang, who shares his story on how he rides on the digital waves to upskill himself for his future tech career that propels a sustainable future, and the invaluable advice for fellow budding engineers.
TaFF partners with STACS to enable Textile and Fashion industry to go green via holistic ESG data on ESGpedia to support effective Green Financing
Textile and Fashion Federation (‘TaFF’), the official association for the textile and fashion industry in Singapore, today announced their partnership with STACS, in partnership with the Monetary Authority of Singapore’s (MAS) Project Greenprint, and financial institutions to enable the textile and fashion sector to go green via holistic ESG data, to support effective green financing and capital stewardship for sustainability projects.
In May, we were generously hosted at the Everest Room, Google Asia Pacific, Singapore office for the launch of our ESGpedia platform in partnership with the MAS and key partners from the world of asset management, banks, exchanges, insurers, and financial services.
The Philippine Dealing System Holding Corp. (PDS Group) first market infrastructure in Asia to launch live fully DLT-based digital bond, with over-subscribed issue of US$210m Union Bank of the Philippines bond and STACS as Technology Partner
The Philippine Dealing System Holdings Corp. today announced the launch of a fully digitally native bond, issued on a distributed ledger technology network powered by STACS
With a common vision to enable sustainability amongst companies of all sizes, TÜV SÜD PSB and STACS today announced their partnership on ESGpedia, via TÜV SÜD’s Sustainability-as-a-Service (SaaS) programme. ESGpedia registry, developed by STACS, powers the ESG Registry of the Monetary Authority of Singapore’s (‘MAS’) Project Greenprint, and was officially launched earlier this month (18 May) with more than 20 institutional partners, from both the financial and non-financial sectors, at the Project Greenprint Industry Showcase event.
ESGpedia officially launches, aggregating verified ESG data and certifications across various sectors to enable more effective Green Finance
STACS has developed and launched its ESGpedia registry platform. Powering the ESG Registry of the Monetary Authority of Singapore's (MAS) Project Greenprint, ESGpedia aims to improve sustainability data quality to support more effective sustainable finance. ESGpedia aggregates, records, and maintains the provenance of holistic and forward-looking ESG certifications and data of companies across various sectors and global verified sources on a single registry.
It’s becoming crystal clear that for the finance industry to make good decisions in terms of capital allocation to environmental, social, and governance (ESG) assets, we will need to improve transparency and trust at the data level.
STACS partners with Global Compact Network Singapore (GCNS) and its decarbonisation arm, Carbon Pricing Leadership Coalition (CPLC) Singapore
STACS announces partnership with the Global Compact Network Singapore (GCNS) and its decarbonisation arm, the Carbon Pricing Leadership Coalition (CPLC) Singapore, formed in collaboration with the World Bank's CPLC.
ESG ratings are confusing investors – How to navigate the pool | IMAS-Bloomberg Investment Conference 2022 Key Insights
A Wall Street gold rush is underway in environmental, social, and governance (ESG) investing, but rating and ranking how companies measure up on these criteria remains a challenge for global capital markets and asset managers.
U-Reg becomes official partner of STACS ESGpedia registry, the Greenprint ESG Registry, with technical integration for sustainability reporting
The technical integration allows for ongoing project data from U-Reg to be ingested on the ESGpedia registry, starting with the renewable energy sector from projects in Europe, with future plans to cover other sectors.
Announced during Budget 2022, it was revealed that by the end of this decade, per tonne of emissions will be increased from $5 per tonne of emissions to as much as $50-$80 - as part of a series of measures made by the Singapore government in tackling climate change.
Singapore ESG FinTech STACS launches full suite of ESG solutions, with flagship ESGpedia platform as the Greenprint ESG Registry
STACS announces the launch of its full suite of ESG solutions for banks, stock exchanges, asset managers, corporates, and SMEs, as part of its refreshed vision as “The Nexus of ESG Finance”. The full suite of ESG solutions - ESGpedia, Vetta smart contract platform, and ESG Playbooks - aims to enable effective Sustainable Finance.
To mark International Women’s Day and the theme this year, “Break the Bias”, STACS had the pleasure of inviting remarkable women across various industries in the FinTech space, both from within the STACS team and our partners and clients, to share their wishes, experiences, and advice on this special day with us.
STACS appoints new leadership role, Sharon Yuen as the new Chief Commercial Officer, who will be steering the firm’s business development and sales efforts. Prior to joining STACS, Sharon worked in IHS Markit as Director of Sales, Head of ASEAN Sales and Strategic Alliances within ASEAN and Greater China at R3, and most recently served as Business Development Director at KX, focused on extending its financial services business in the region.
Singapore FinTech STACS partners CSOP Asset Management as blockchain platform provider for OTC Derivatives Trade Processing
The platform eliminates and streamlines bespoke trade matching parameters, resolving trade exceptions in real-time for asset mangers. This is part of the long-term collaboration between STACS and CSOP to deploy a live solution for efficient OTC trade processing across different asset class. Future phases would move beyond trade matching to also facilitate the seamless settlement of trades.
STACS ESG Finance Research | It’s clear that governments, institutions, investors, and consumers are all aligned on the need for sustainability to be at the heart of how we live, play, work, invest, shop, and travel. Tremendous opportunities lie ahead of us as the world transitions from fossil fuels to green alternatives, and our Little Red Dot must position itself now to capture these falling treasures.
STACS ESG Finance Research | There are opportunities to be reaped in the world's quest towards sustainability, and green finance is quickly becoming integral to a business' profitability today. With the issuance of green bonds, ESG funds, and investment in sustainability projects rising exponentially, what is the current global status on sustainability standards to truly verify the greenness of projects?
In the year ahead, ESG will continue to be a major theme, with the emergence of new technology platforms to serve growing business needs around ESG certification and related finance. For the city-state to position itself as a leading global green fintech hub in Asia and beyond, we believe there are three key priorities it must not lose sight of.
STACS awarded ISO/IEC 27001:2013 Information Security Certification for Vetta platform for enhanced ESG Finance, supporting scale up
STACS has been awarded the globally-recognised ISO certification for information security management systems. The certification is awarded for STACS’s DLT-based platform, Vetta, which enables enhanced ESG finance.
STACS: 2021 in Review – Enabling Sustainable Finance in partnership with the Monetary Authority of Singapore (MAS)
2021 has been a monumental one for us at STACS in the Green FinTech space. Collectively accelerating the Sustainable Finance agenda with the Monetary Authority of Singapore (MAS) and our ecosystem of partners, we are excited to continue moving the needle on sustainable finance in the financial industry and across all sectors. Let’s take a look back at the key highlights of 2021!
The launch of the Greenprint ESG Registry, a common ESG data platform for all companies in Singapore by the Monetary Authority of Singapore (MAS) and STACS, is a monumental step forward for Singapore in the sustainability space. As 2021 draws to a close, we reflect on Singapore’s status as the leading Green FinTech Hub in Asia, and what makes the country a pioneer in leveraging technology and data to enable Sustainable Finance.
Top 8 Stories from STACS Showcase and Singapore FinTech Festival 2021, including our partnership with the Monetary Authority of Singapore (MAS) on the Project Greenprint ESG Registry
The second edition of STACS Showcase, a celebratory and collaborative fintech event, happened during the week of Singapore FinTech Festival (SFF) earlier this month, 8 – 12 Nov, as a digital event.
Here are the Top 8 Highlights from the week.
STACS’ industry-wide blockchain-based Greenprint ESG Data and Certification Registry, in partnership with the Monetary Authority of Singapore (MAS), aims to provide accessibility to quality ESG data of various industry sectors through an aggregated platform, and will include sector-specific industry-recognised certifications and real-time processed dynamic data from other integrated technologies and sectorial platforms.
Connecting Technology, Businesses and Financial Services: Singapore’s First Inclusive One-Stop Platform Spearheading Sustainability
CO2X Pte Ltd (“CO2X”) signed a Memorandum of Understanding (MoU) with key industry and association leaders from the Transport and Logistics, and Finance sectors. Witnessed by Law Chung Ming (Executive Director for Transport and Logistics, Enterprise Singapore (ESG)), and Kwok Quek Sin (Executive Director (Green FinTech), FinTech and Innovation Group, Monetary Authority of Singapore (MAS)), the MoU signals the commitment to jointly develop a platform that will provide local small and medium enterprises (SMEs) with accessible carbon tracking solutions and green financial services through a data-driven approach.
DLT and Real-Life Use Cases for Asset and Wealth Management – Industry Panel by STACS and the Singapore FinTech Association (SFA), with Northern Trust, BNP Paribas Securities Services, and Eastspring Investments
On Sep 30, an esteemed panel of speakers from SFA, Northern Trust, BNP Paribas, Eastspring Investments, and our very own Benjamin Soh, Managing Director from STACS, covered key topics on some of the milestones and macro trends that DLT has embarked on in the asset and wealth management space, and how it could be the potential fix to the business challenges faced today.
STACS supports Asia’s pioneer Digital Securities Offerings Platform InvestaX as private blockchain protocol provider on PoC tokenization of Singapore Variable Capital Companies (eVCC), championed by veteran institutional firms
STACS is selected as private blockchain protocol provider for Project e-VCC, a global first initiative led by InvestaX, UBS, State Street, and CMS, and jointly supported by PwC Singapore and The Tezos Foundation.
Green and Sustainable Finance – Investments, Banking, and FinTech by Nanyang Business School, with Monetary Authority of Singapore (MAS), STACS, GIC, and JP Morgan
End August, Green and Sustainable finance investments, banking, and fintech were some of the important themes that brought together a distinguished panel of speakers alongside our own Co-founder & Managing Director, Benjamin Soh.
STACS Partnership with SGInnovate — Summation programme featuring Software Engineer Intern, Teo Chen Ning
As a partner of Summation Programme by SGInnovate and aligned with our commitment to support Deep Tech literacy in Blockchain, we seek to build strong talents in the industry.
Read on as Chen Ning, Software Engineer shares more about his journey at STACS.
Singapore FinTech STACS joins Mastercard’s new Start Path Blockchain Program for startups, spearheading ESG FinTech
STACS is one of seven startups globally to be admitted into the programme, and one of two within Singapore. Amongst the seven companies selected, STACS spearheads ESG fintech by enabling enhanced ESG finance and high quality carbon credits. Together with Mastercard, STACS will seek to expand and accelerate innovation around digital asset technology and make it safer and easier for institutions to adopt blockchain technology.
The next five years of Enterprise Blockchain: DLT in Financial Markets – Industry Panel by STACS and The ValueExchange, with Singapore FinTech Association (SFA) and Union Bank of the Philippines
In celebration of the upcoming sixth anniversary of enterprise blockchain, STACS hosted a global industry panel with The ValueExchange on 7 July, with esteemed speakers from the Singapore FinTech Association, and the Union Bank of the Philippines.
Green FinTech in Asia — Key Highlights from Industry Panel organised by Asian Institute of Digital Finance, with STACS, Monetary Authority of Singapore (MAS), and more
Joined by an esteemed speaker lineup of industry leaders, STACS Managing Director Benjamin Soh discussed the latest trends and applications of digital technologies in ESG Finance alongside MAS, MUFG, and more. Headline topics include bridging a US$2.5 trillion green funding gap, to establishing a common green infrastructure for Singapore, right down to how COVID has brought a positive impact amidst climate change.
Award-winning sustainability-enabling fintech firms Turnkey and STACS announce strategic partnership to scale up their industry-wide sustainable finance platform for institutions, as Environmental, Social and Governance (ESG) takes centre stage
The partnership largely focuses on leveraging technologies to produce accurate insightful impact reports that are accessible and immutably stored on a common Distributed Ledger Technology data infrastructure for a single source of truth, for greater ESG impacts across industries.
STACS featured by The World Economic Forum — Insight Report — Digital Assets, Distributed Ledger Technology, and the Future of Capital Markets
STACS is featured in the May 2021 The World Economic Forum report, as one of the few live DLT platforms for effective Trade Lifecycle Management for the financial industry.
UBS, Bursa Malaysia, and Union Bank of the Philippines join Singapore fintech STACS and Deutsche Bank as industry collaborators of ‘bond in a box’ proof-of-concept on the use of DLT for digital assets and sustainability-linked bonds
The industry partners contributed their various domain expertise towards the final ESG-enabling and interoperable end-to-end DLT-enabled bonds lifecycle management solution for the financial industry.
Digital assets and sustainability-linked bonds are a key component of the future of financial services, as the world transitions to green mandates in every industry including banking. Set in the context of tokenized securities in the securities market, STACS worked closely with the team at Deutsche Bank on digital assets interoperability across platforms and related custody.
Deutsche Bank and Singapore fintech STACS complete ‘bond in a box’ proof-of-concept on the use of DLT for digital assets and sustainability-linked bonds
Industry participants include UBS, Malaysia National Stock Exchange Bursa Malaysia and Union Bank of the Philippines (UnionBank).
Our inaugural joint podcast with The ValueExchange: DLT In the Real World — the facts & figures behind digitisation, as Barnaby Nelson, Chief Executive Officer at The ValueExchange and Nigel Lam, Product and Strategic Partnership Senior Manager at STACS break through the noise of the day and unravel the blockchain transformation of Trade Processing.
In celebration of Earth Day 2021, STACS co-hosted a Green FinTech panel at Bridge+ 79 Robinson Road in partnership with Tribe Accelerator, Alibaba Cloud, and enabled by flexible workspace Bridge+ by CapitaLand.
Investors include Wavemaker Partners, Tribe Accelerator, and Stellar Partners, bringing total funding to date to more than S$8 million.
Singapore FinTechs Bluecell and STACS announce collaboration towards industry-wide blockchain-powered infrastructure to support effective green and sustainability-linked loans
The partnership largely focuses on supporting effective green and sustainability-linked loans, among other Environmental, Social, and Governance (ESG) financing formats.
Singapore’s financial services leadership must incorporate green finance to tackle existing issues and pave the way for a sustainable future.
STACS featured on The Digital Banker — Was the GameStop and AMC fiasco a beckoning of a new age for financial market infrastructure?
Financial Market Infrastructures have time and again impacted all parties involved. In such unprecedented times and in the midst of disruptive transformation currently shaping the entire financial service industry, financial market infrastructure will not stay immune for much longer. In light of the GameStop and AMC fiasco, legacy infrastructure was shoved into the limelight once again. STACS shares with The Digital Banker on the impact of such infrastructure and discusses alternatives.
STACS — Live on MoneyFM 89.3 Prime Time, Eco Money with Host Rachel Kelly — How can blockchain benefit sustainable finance?
Tune in as our new Chairman, Ray Ferguson and Managing Director, Benjamin Soh dive into Environmental, Social, and Governance (ESG) and green fintech as they discussed how STACS is seeking to provide a nexus between the financial ecosystem and the physical world for more effective implementation of green finance.
Eastspring Investments, BNP Paribas Securities Services, and STACS collaborate to develop Blockchain-powered trade lifecycle management solutions
Eastspring Investments, BNP Paribas Securities Services and STACS collaborate to develop blockchain-powered trade lifecycle management solution, unlocking efficiencies while reducing costs for financial institutions.
Ray Ferguson, the former CEO of Standard Chartered Singapore, has joined homegrown fintech start-up, STACS, a leading Singapore-headquartered fintech development company providing transformative technology to the financial services sector, as Chairman.
Deutsche Bank and Singapore fintech STACS announce collaboration for digital assets Proof-Of-Concept
Deutsche Bank Securities Services and STACS today announced their collaboration to jointly explore a proof-of-concept related to the technological and practical feasibility of digital assets interoperability, liquidity, cross-border connectivity, and smart contract templates, including the support of sustainability-themed digital bonds.
STACS announced today that it has become a portfolio company of PwC Singapore’s Venture Hub programme. The joint business relationship will bring about synergies between the two firms, while helping to elevate trust placed in distributed ledger technology (DLT) by the financial services industry and driving adoption.
STACS had the great pleasure to be the Grand Donor of the initiative “FinTech for Good”, organized by the Singapore FinTech Association (SFA). In the spirit of giving back to the community, STACS pledged to donate SGD20,000 to the National Trades Union Congress (NTUC) U-Care Fund 2020 which aims to improve the welfare of low-income NTUC union members and their families.
STACS' key updates from the festival, including showcases that features collaborations of clients and partners from leading global financial firms all over the world, and finally our astounding win at the MAS Global FinTech Innovation Challenge Awards 2020.
Singapore FinTech Company STACS Completes Blockchain Project with Malaysia’s National Stock Exchange for Growing Bonds Marketplace
STACS announced today that it has completed the bond on blockchain proof-of-concept with Malaysia’s National Stock Exchange, Bursa Malaysia, to facilitate the growth of the bond marketplace at the Labuan Financial Exchange.
STACS, a Singapore FinTech company focusing on Blockchain technology solutions for financial institutions, announced its partnership with EFG Bank to co-develop a Blockchain platform that will enhance and simplify the processes of structured products.
Project Harbour is centred around the usage of Distributed Ledger Technology DLT as a register in facilitating the growth of Labuan’s bond marketplace. The project will take place in Malaysia’s offshore market, Labuan, in collaboration with the Labuan Financial Exchange, a wholly-owned subsidiary of Bursa Malaysia.
Gartner Eye on Innovation
Award for Financial Services 2020
Mercury – Asia Pacific Winner
FSTI Grant 2020 by MAS
DigFin Innovation Awards 2021
Best FinTech ESG Solution
of Singapore (MAS)
Global Fintech Innovation
Challenge Award 2020
UBS Future of Finance
Project UBIN led by MAS