This article was first published on: Insights – Ripple --
Singapore has publicly stated ambitions to be the world’s leading fintech and innovation hub. It is also one of the biggest and busiest global trade centers with many large, multinational companies basing their regional treasury offices in the country. For these reasons, and to support our rapidly-growing customer base across Asia-Pacific markets – including Standard Chartered, a Ripple investor, member of the RippleNet Advisory Board, and early adopter of blockchain technology to power payments – we are excited to announce we have opened a new office in Singapore.
The World Economic Forum rates Singapore as the world’s most open and trade-friendly economy, with competitive institutions, policies, infrastructure and services to encourage the free flow of products and services. Impressively, Singapore’s trade stands at 2.7 times its GDP; it is on track to become the biggest commodity trading hub worldwide; and it is the leading trading hub for Asian curr...
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