CIMB Push US$100 in trade financing

Up to US$100 million is expected to be pushed by CIMB Bank in Singapore in trade financing transactions over the next one year, on a blockchain platform that is backed by a company run by GIC's former head of technology, and Temasek's Heliconia Capital-backed Singapore security-tracking firm.

On Thursday 17th October 2019, CIMB and iTrust said that they successfully completed its first structured trade financing transaction o....