Sopnendu Mohanty, the Singapore Monetary Authority (MAS) Chief Fintech Officer, has launched a $200M fund partnership with GFTN Capital, a not-for-profit spawned from the MAS, to provide top-notch advisory services to the private sector and government. The fund's focus is on AI, tokenization and quantum, with Mohanty expressing his vision for a wave of transformation across identity, asset organization, network infrastructure and security software. He also highlighted the potential use of blockchain to fix the antiquated system of cross-border payments. Mohanty suggested a physical presence in the Middle East within months.