On October 17, financial services firm Euroclear acquired a strategic stake in Singapore-based blockchain company Marketnode for an undisclosed amount. Euroclear's investment aims to modernize financial marekt infrastructure using blockchain, with a focus on streamlining money management and reducing settlement times through distributed ledger technology. Marketnode, founded in 2021 by SGX Group and Temasek Holdings, operates two blockchain platforms: Gateway and Fundnode, focusing on tokenization and digital fund management.