HASHSTACS PTE. LTD. Business Review
Generally trustworthy, but minor verification is advised.
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TrustScore
HASHSTACS PTE. LTD.
UEN:201904974E
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TrustScore Analysis
HASHSTACS PTE. LTD. has a TrustScore of 86. Businesses in this range are generally considered reliable. However, it's still advisable to conduct reasonable checks before engaging in transactions.
Our preliminary analysis has revealed key insights about HASHSTACS PTE. LTD.'s performance and market presence. Here‘s a summary of our findings:
Positive highlights
Has been operational for several years
Has accessible contact information online
Official business profile found on major search engines
Negative highlights
- No employer brand presence on career platforms
- Does not have accessible contact information online
- Not accredited by CaseTrust
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Associated News for HASHSTACS PTE. LTD.
Singapore FinTech company, Hashstacs Pte Ltd ("STACS") will be developing an industry-wide blockchain-based Environment, Social, and Governance (ESG) Data and Certification Registry. This is in partnership with the Monetary Authority of Singapore's (MAS) Project Greenprint. The ESG Registry aims to provide accessibility to quality ESG data of various industry sectors through an aggregated platform. The ESG data will include sector-specific industry recognised certifications and real-time processed dynamic data from other integrated technologies and sectorial platforms. The ESG Registry will be built using STACS production-ready blockchain technology, which provides immutability and digitalisation as a single source of truth. Through APIs, the ESG Registry can support various downstream integrations such as to support FIs in trade financing and portfolio monitoring.
Singapore FinTech company, Hashstacs Pte Ltd ("STACS") will be developing an industry-wide blockchain-based Environment, Social, and Governance (ESG) Data and Certification Registry. This is in partnership with the Monetary Authority of Singapore's (MAS) Project Greenprint. The ESG Registry aims to provide accessibility to quality ESG data of various industry sectors through an aggregated platform. The ESG data will include sector-specific industry recognised certifications and real-time processed dynamic data from other integrated technologies and sectorial platforms. The ESG Registry will be built using STACS production-ready blockchain technology, which provides immutability and digitalisation as a single source of truth. Through APIs, the ESG Registry can support various downstream integrations such as to support FIs in trade financing and portfolio monitoring.
Stacs to build blockchain-based registry for ESG certifications as part of MAS Project Greenprint
Singapore FinTech company, Hashstacs Pte Ltd (“STACS”) will be developing an industry-wide blockchain-based Environment, Social, and Governance (ESG) Data and Certification Registry. This is in partnership with the Monetary Authority of Singapore’s (MAS) Project Greenprint. The ESG Registry aims to provide accessibility to quality ESG data of various industry sectors through an aggregated platform. The ESG data will include sector-specific industry recognised certifications and real-time processed dynamic data from other integrated technologies and sectorial platforms. The ESG Registry will be built using STACS production-ready blockchain technology, which provides immutability and digitalisation as a single source of truth. Through APIs, the ESG Registry can support various downstream integrations such as to support FIs in trade financing and portfolio monitoring.
9 November 2021
Deutsche Bank, STACS test DLT for digital assets, ESG bonds
Deutsche Bank Securities Services in Singapore and Singapore fintech STACS have completed their proof-of-concept (PoC) project on the use of distributed ledger technology (DLT) for digital assets and sustainability-linked bonds. Set in the context of tokenized securities in the securities market, the teams worked on digital assets interoperability across platforms and related custody, digital securities and cash delivery-versus-payment practice, DLT to traditional systems connectivity, operating model evolution and smart contract templates, including those involving sustainability-linked digital bonds. Deutsche Bank Securities Services and STACS were awarded the PoC grant in October 2020, which provides funding support for experimentation, development and dissemination of nascent innovative technologies in the financial services sector. The grant is part of the Financial Sector Technology and Innovation scheme under the Financial Sector Development Fund administered by Monetary Authority of Singapore.
SINGAPORE-based fintech development startup Hashstacs Pte Ltd (STACS) has snagged S$4.8 million (US$3.6 million) in a latest pre-Series A funding round. This brings its funding to S$8 million to date. (see amendment note) New investors who participated in this round were Wavemaker Partners and blockchain accelerator Tribe. They were joined by existing shareholder Stellar Partners. Benjamin Soh, co-founder and managing director of STACS, said that the startup is aiming to use half the funds for scaling the team, such as hiring for tech, engineering and business development roles.
SINGAPORE-based fintech development startup Hashstacs Pte Ltd (STACS) has snagged S$4.8 million (US$3.6 million) in a latest pre-Series A funding round. This brings its funding to S$8 million to date. (see amendment note) New investors who participated in this round were Wavemaker Partners and blockchain accelerator Tribe. They were joined by existing shareholder Stellar Partners. Benjamin Soh, co-founder and managing director of STACS, said that the startup is aiming to use half the funds for scaling the team, such as hiring for tech, engineering and business development roles.
Deutsche Bank to Pilot Digital Assets Proof-of-Concept With STACS - Fintech Singapore
Deutsche Bank Securities Services and Hashstacs Pte Ltd (STACS) will collaborate to jointly explore a proof-of-concept (POC) related to the technological and practical feasibility of digital assets. The POC will explore interoperability, liquidity, cross-border connectivity, and smart contract templates, including the support of sustainability-themed digital bonds.
8 January 2021
Company Industry
Singapore Standard Industrial Classification (SSIC)
62011
DEVELOPMENT OF SOFTWARE AND APPLICATIONS (EXCEPT GAMES AND CYBERSECURITY)
RESEARCH AND EXPERIMENTAL DEVELOPMENT ON ELECTRONICS (EXCLUDING MEDICAL SCIENCE)