Singapore's Monetary Authority is advancing asset tokenization in finance with Project Guardian.

Singapore's Monetary Authority (MAS) is advancing asset tokenization in financial services through Project Guardian, aiming to enhance liquidity and efficiency in capital markets. More than 40 institutions are involved in trials to improve fundraising, trading, and settlement of tokenized assets. MAS also launched the Global Layer One initiative for digital infrastructure development and published frameworks to support industry adoption. Tokenized Money Market Funds with real-time FX swaps were showcased as part of these efforts.

November 04, 2024
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