- Singapore fintech BondEvalue gets MAS approval to operate blockchain-based bond exchange
- Approved as a Recognised Market Operator (RMO) by the Monetary Authority of Singapore (MAS)
- It operates BondbloX Bond Exchange (BBX), the world’s first blockchain-based bond exchange
- Aims to bring trading of a wide range of fixed-income securities to the mass market across the region
- The move means that BondEvalue has successfully concluded proof of technology and business model
- A sandbox is a regulatory construct which provides fintech players with a faster option to test innovative financial products
