According to Foresight News, according to The Block, Singapore's DBS Bank has partnered with digital payment provider Ant International to launch a pilot program for "DBS Treasury Tokens". The project uses DBS's licensed blockchain to support Ant International's multi-currency treasury and liquidity management in various markets. DBS said the move is aimed at helping Ant International reduce the settlement time of intra-group transactions from days to seconds, thereby optimizing the group's internal liquidity and working capital, and enhancing the visibility, predictability and control of corporate treasury.