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.
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
Board of
Directors
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Fernando Luis Vazquez Cao
Senior Advisor, SBI Holdings -
Winston Quek
Chief Executive Officer -
Dechapol Lamwilai
Non-Executive Director
The Management Team
Winston Quek
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.
Danny Surtani
Danny brings more than 25 years of experience as a CFO and Finance Director in the financial services and banking industry. He was previously the Asia Pacific CFO for the Investment Bank at Deutsche Bank AG Singapore, where he was also responsible for delivery of the financial strategy. He has extensive experience in all aspects of Finance, including product control, legal entity control, management reporting, strategy, business performance assessment and reporting, planning, internal control oversight and cost management. He was in Japan with Deutsche Securities and Credit Suisse Financial Products prior to coming to Singapore. He had also worked at Ernst & Young in London, specialising in corporate finance due diligence and audit. Danny is a ICAEW UK Chartered Accountant.
Andrew Loh
Andrew has over 30 years’ experience in financial markets and investment banking, with an unparalleled track record in supporting successful completion of M&A, capital raising (debt & equity) transactions, and financial markets risk assessments (credit, FX and rates) to companies & banks. He is a Fellow of the Institute of Banking and Finance for Capital Markets in recognition of his contribution to the development of capital markets in Singapore, and a former Member of the Listing Committee at ADDX responsible for oversight and approval of digital securities listing applications. He was previously an advisor to IMC Pan Asia Alliance, sourcing for M&A targets across China and Southeast Asia. Andrew was also the Managing Director at Bank of Singapore, responsible for client coverage and relationship management efforts across ASEAN markets. He supported V3 Fintech as Head of Ecosystems and Partnerships in their bid to acquire a digital bank license as a consortium. He was formerly from Barclays Bank PLC, Managing Director and Head of Client Coverage in Singapore.
Tom Menner
Tom brings over 35 years of experience in enterprise information technology to the role of CTO. Prior to joining SBI Digital Markets, he was the Head of Asia Pacific for IntellectEU, a global technology services firm focusing on blockchain, digital assets, confidential computing and artificial intelligence. He also previously served as Director of Solution Architecture in Asia Pacific for R3, a leading enterprise blockchain technology company. And he began his career with a long tenure at IBM, where first he worked primarily with banking and capital markets clients in New York City, and then as a Global Middleware Solution Architect, which included assignments in Japan and China. Tom is a graduate of Carnegie Mellon University and holds a Bachelor of Science degree in Philosophy.
CK Ong
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
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
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
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Corporate Name
SBI Digital Markets Pte. Ltd.
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Incorporate
21, December 2020
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Office
83 Clemenceau Avenue, UE Square #04-05 East Wing Singapore 239920
