[DBS Bank launches blockchain-driven treasury token pilot project] Golden Finance reported that DBS Bank has partnered with digital payment provider Ant International to launch a new blockchain-based funding and liquidity management solution. DBS Bank announced today that it will pilot the DBS Treasury Tokens pilot project, which Ant International will use for instant multi-currency funding and liquidity management. The new DBS Treasury Tokens that Ant International will use exist on DBS Bank's licensed blockchain for use by its entities in multiple markets. DBS Bank introduced that its licensed blockchain is compatible with the Ethereum Virtual Machine (EVM) and is integrated with the bank's core payment engine. This development enhances the system's scalability and interoperability with various industry payment infrastructures connected to DBS Bank. The bank also noted that the blockchain has been integrated with Ant International's fund management platform Whale.
