DBS digital asset exchange performance; Cardano connects Africa online | The Daily Forkast
120 investors join DBS bank’s digital assets exchange in Q1 as Cardano looks to enable Sub-Saharan Africa with decentralized identities
Singapore’s DBS Bank’s Q1 performance unveiled how its digital assets exchange performed for the first time since launch. The exchange for institutional investors reported US$60 million worth of assets under management and an investor base of 120.
Staying with Singapore, the Monetary Authority of Singapore has teamed up with the central banks of Brunei, Cambodia, Ghana and Kenya to explore blockchain-based digital infrastructure such as digital identity.
Cardano is also making its move towards digital ID by partnering with World Mobile to bring offline villages in Sub-Saharan Africa online with the help of its decentralized identity solution Atala PRISM.
We’ll have more on that story — and other news shaping the cryptocurrency and blockchain world — in this episode of The Daily Forkast, April 29.