Northern Trust and BondEvalue Partner to Deliver Fractionalised Bond Ownership Using Blockchain Technology

SINGAPORE, Nov 13 (Bernama-BUSINESS WIRE) — Northern Trust (Nasdaq:NTRS) and BondEvalue today announce a strategic partnership to deliver integrated asset servicing and digital solutions for fractional ownership of fixed income bonds. BondEvalue’s regulated platform will facilitate trading of fractionalised investable assets based on wholesale bonds, while Northern Trust will be its exclusive asset servicing provider.

BondEvalue’s platform combines the power of blockchain-based distributed ledger technology (DLT) to enable enhanced transparency and liquidity, while making institutional grade investment opportunities available to new classes of investors.

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