DOJ Antitrust Chief Rejects Political Fast-Track for Paramount-Skydance Deal 
Super Micro Computer Shares Plunge After Co-Founder Charged in AI Chip Smuggling Case 
Qatar's Economy Under Pressure: How Regional Conflict Could Reshape Global Investment in 2026 
Xiaomi Shares Drop After SU7 Launch as Margin Concerns Weigh on Investors 
J.P. Morgan Now Expects Two ECB Rate Hikes Amid Inflation Pressures 
EA's $15B Debt Offering Draws $25B in Investor Demand Amid Credit Market Turmoil 
Gold Prices Extend Losing Streak, On Track for Worst Weekly Loss Since 1983 
Goldman Sachs Delays Bank of England Rate Cut Forecast Amid Middle East Inflation Risks 
U.S. Stock Futures Steady as Wall Street Retreats on Oil Volatility and Fed Rate Outlook 
Micron Technology Beats Q2 Earnings Estimates, Issues Strong AI-Driven Outlook 
Israel Defies Trump's Warning, Launches New Strikes on Iran Amid Growing Global Energy Crisis 
Judge Dismisses Sam Altman Sexual Abuse Lawsuit, But Sister Can Refile 
Oil Prices Slide as U.S. Eyes Iranian Supply Relief Amid Middle East Tensions 
Iran War Fears Send Oil Prices Surging as U.S. Weighs Ground Troop Deployment 
GE Vernova and Hitachi's $40 Billion SMR Investment Signals a New Era for U.S. Nuclear Energy 
Asian Markets Mixed as Oil Volatility and Inflation Fears Weigh on Sentiment 
US-Iran War: Trump Eyes Military Exit as Markets React to Potential De-escalation 
Standard Chartered revealed on Monday, Aug. 30, that it has opened a blockchain digital trade finance platform. The London, England-headquartered financial services company said that it was launched through a joint venture with Linkologis, a supply chain financial tech company based in Shenzhen, China.
According to The Korea Herald, Standard Chartered named the platform “Olea,” and it will be operated by the two companies in Singapore where it will be headquartered. The aim of creating the platform is to bring together institutional investors that are looking for opportunities in an alternative asset with businesses that need supply chain financing.
While Standard Chartered and Linklogis will both run Olea, it will be headed by Amelia Ng, managing director at SC Ventures, the fintech and ventures division of Standard Chartered Bank. She will be the chief executive officer, and Letitia Chau, Linklogis’ vice chairman and chief risk officer, will be the deputy CEO.
“By marrying Standard Chartered’s international trade and risk management expertise and unparalleled knowledge of Asia, Africa, and the Middle East with Linklogis’ innovations in supply chain technology, Olea is uniquely positioned to reinvent trade finance and be a force for good,” Ng said.
Korea Joongang Daily reported that on the platform, investors will be given full access to a range of trade finance opportunities worldwide, specifically in Asia. On the other hand, as stated by the financial-banking group, the supply chain partners will be able to access financing through a transparent process.
Amelia Ng said that “Olea aims to disrupt today's trade finance model by matching suppliers' financing needs with alternative liquidity from investors seeking a compelling asset class linked to the real economy."
In any case, Olea is predicted to assist Standard Chartered in securing the upper hand in the area of digital trade finance, which is a term for many financial instruments that are being utilized by firms to open doors for international trade. To put it simply, it is a solution that can be applied to banks seeking to digitally manage events and documentation related to the usual trade finance operations.
