Development
PROJECT CASTOR
Project Castor is the SC’s pilot project to explore the usage of Distributed Ledger Technology (DLT) in the regulated capital market space. The project aims to help the SC to demonstrate the technical implementation feasibility of DLT at this juncture to serve as the underlying market infrastructure for unlisted & Over-the-Counter markets.

At the end of the project, the SC unveiled details of Project Castor with the accompanying industry blueprint entitled “Capital Market Architecture Blueprint in a Decentralised World”, which explored the technical implementation and feasibility of using DLT as the underlying market infrastructure for unlisted OTC markets.
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