The tokens enable collaborator Ant Int’l to reduce settlements into seconds.

DBS has launched DBS Treasury Tokens, which uses blockchain technology to enable instant treasury and liquidity management across multiple markets.

Made in collaboration with China-headquartered digital finance company Ant International, the treasury tokens will enable multi-currency treasury and liquidity management using DBS’ permissioned blockchain for their entities across multiple markets.

DBS Treasury Tokens enables Ant International to reduce the settlement of intra-group transactions from potentially days to seconds.

This also enables Ant International to manage their intragroup liquidity on a 24/7 basis.

DBS’ permissioned blockchain is now integrated with Ant International’s Whale platform, touted as a “next-generation treasury management solution that uses blockchain technology, advanced encryption and artificial intelligence (AI) to improve the efficiency and transparency of fund movements between bank accounts,” the statement said.