Leading the future of digital assets

We provide an end-to-end platform that enables traditional financial players to capture growth opportunities brought about by the advent
of digital assets.

Through our parent company, SBI Digital Asset Holdings, we create innovation in finance and technology, as part of the vast SBI ecosystem.

We believe institutional demand for digital assets is at an inflection point. The Singapore business environment for the sector is vibrant and the regulatory framework is at the highest standards. SBIDM is well positioned to take full advantage as we prepare our end-to-end product offering across a broad range of digital assets to serve institutional clients.

Winston Quek
CEO - SBI Digital Markets
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Project Guardian

From 2022 to 2024, we’ve partnered with multiple institutional players to launch first-of-its-kind fintech projects that married traditional products with defi technologies.

2022: Trading of Tokenised Government Bonds

In collaboration with DBS

 

2022: Live Cross-Currency Transaction in Tokenised JPY & SGD Deposits

In collaboration with J.P. Morgan

 

2023: Repurchase Agreement “Repo” with Natively Issued Digital Bonds

In collaboration with UBS and DBS

 

2024: Tokenised Money Market Fund with Digital Transfer Agent

In collaboration with UBS and Chainlink

 

Real World Asset Tokenisation

Luxury Products & Intellectual Property

We have developed and rolled out a fully operationalised workflow to tokenise
Real World Assets for distribution on
digital exchanges and secondary markets.

The first of these projects involved tokenisation of prestige wines.

Applying RWA tokenisation to Content IP is currently in the works as well.

Full Tech Stack

We support robust operations with strong tech capabilities

SBIDM is actively developing tech platforms equipped with the functionalities needed to bridge TradFi and DeFi into a shared ecosystem.

These systems are made available to our partners for whitelabelling and integration into their own operations.

  • AURORA – Client Portal Order Management System
  • NEBULA – Tokenisation Engine
  • PULSAR – Structured Product Pricing Engine

The Management Team

Winston Quek
Chief Executive Officer

Winston is a seasoned banking and capital markets professional with more than 30 years of experience and a proven track record in management in global financial markets and corporate banking covering the Asia Pacific region. He has a strong network of regional clients and a broad knowledge of how to help non-Asian clients get into the region and vice versa. Winston is experienced in direct oversight of the implementation, rebuilding and enhancement of policies in risk, compliance, operations for capital markets and corporate lending, as well as overall regional strategy and business development.

CK Ong
Chief Operating Officer

As the Chief Operating Officer of SBI Digital Markets, CK Ong is responsible for strategy execution, and he also leads business development for tokenised Real-World Assets. He oversees operations at SBIDM and has built an institutional-grade risk management framework. CK is a highly experienced professional in global and regional banks – with close to 20 years’ experience in strategy, operations and risk management across financial markets, transaction banking and digital assets.

Prior to joining SBI Digital Markets, CK was in Singapore-headquartered United Overseas Bank’s Strategic Blockchain and Digital Assets unit which drives blockchain strategy and applications for the bank. Before that, CK held senior positions in UOB, and Standard Chartered Bank for 10 years in Singapore, Korea and China where he specialised in setting up new businesses for the bank.

Senior Advisor

William Mak
Senior Advisor

William was the President and APAC CEO of Northern Trust before he retired in late 2021. His career began at the Monetary Authority of Singapore where he would spend 17 years in reserve and portfolio management. He later assumed regional leadership C suite positions at major US and European banks growing asset servicing and asset management businesses serving institutional clients, including sovereign wealth funds, central banks, pensions, insurance and investment management firms. Today William is also serving the investment committees of various charity organisations.

Jai Yung Byun
Senior Advisor

Byun has been advising on business development and regulatory strategies for SBI Digital Markets in South Korea since 2023. His expertise has been instrumental in navigating the intricate landscape of the Korean market, fostering relationships with financial institutions across both public and private sectors. His illustrious career began at the Bank of Korea, where he held various leadership positions, including Head of the International Finance Policy Planning Team, Director General Foreign Exchange Analysis and Investigation, and Chief Representative at the Bank of Korea’s Washington D.C. Representative Office. He played a crucial role in South Korea’s recovery from the foreign exchange crisis in 1997 to 1998 and led negotiations for significant agreements, including the Currency-Swap Agreement with ASEAN, Japan, China, and South Korea. Byun’s contributions also extended to the foundation of the Korea Investment Corporation in 2005.

Our Partners

Our Investor

Company Information

  • Corporate Name
    SBI Digital Markets Pte. Ltd.
  • Incorporate
    21, December 2020
  • Office
    83 Clemenceau Avenue, UE Square #04-05 East Wing Singapore 239920