Euroclear and Marketnode Launch Blockchain-Enabled Fund Processing Solution in Singapore
Euroclear has partnered with Singapore-based Marketnode to introduce an end-to-end fund order and processing solution for retail and institutional investors. The collaboration leverages Euroclear’s global fund platform, FundsPlace, and Marketnode’s blockchain infrastructure, Fundnode, to streamline fund settlement processes.
The service reduces manual intervention, enhances reconciliation, and accelerates settlement times. Euroclear’s strategic investment in Marketnode last year strengthens its Asia-Pacific fund services presence while expanding Marketnode’s access to international fund distribution networks.
Marketnode’s shareholders include SGX Group, Temasek, and HSBC. CEO Rehan Ahmed describes the launch as a significant milestone in the company’s growth trajectory.