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StraitsX and Grab pilot use of Purpose Bound Money during Singapore Fintech Festival 2022

The collaboration will contribute towards an innovative, interoperable, and inclusive digital currency infrastructure leveraging on an open-sourced blockchain

SINGAPORE - Media OutReach - 1 November 2022 - StraitsX, a part of Southeast Asia Digital Financial Services Group, Fazz, and Grab, a leading superapp in Southeast Asia, today announced they will be testing the issuance of Purpose Bound Money (PBM)[1] in the form of commercial digital vouchers during the Singapore Fintech Festival (SFF) 2022.

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