16 February 2022, Singapore – The signing of Collaboration Agreement between Digital Treasures Center (“DTC”) and Raffles Digital Infrastructure (“RDI”), a subsidiary of SGX-listed Raffles Infrastructure Holding,(SGX： LUY) as its strategic payment gateway partner for RDI’s services and ecosystem marks DTC’ ambition to become leading payment gateway technologist within Singapore and the Southeast Asia market.
Under the agreement, both parties will share their resources and capabilities in areas of product research and development as well as jointly develop new businesses especially in the area of providing cryptocurrency and fiat payment technology services. Both parties will bring to the table their own unique strengths and competitive advantages.
DTC with its cryptocurrency to fiat payment capability and industry-leading payment solutions will empower RDI to expand into new business opportunities, integrate with their existing products and services for their clients while DTC can leverage on RDI’s market network especially in Southeast Asia countries such as Thailand and Philippines where they have good foothold and business network. This allows DTC, a Singapore-based FinTech company, to expand its reach beyond Singapore and set its foot in Southeast Asia.