The Monetary Authority of Singapore (MAS) has escalated its efforts to expand its asset tokenization initiatives under Project Guardian. This move aims to catalyze the institutional adoption of digital assets, aiming to unleash liquidity, unlock new investment opportunities, and enhance the efficiency of financial markets.
A key advancement in this endeavor is the initiation of five additional industry pilots under Project Guardian, involving 17 financial institutions. These pilots explore diverse applications ranging from the efficient execution of bilateral digital asset trades by Citi, T. Rowe Price Associates, and Fidelity International to BNY Mellon and OCBC’s trial of a cross-border FX payment solution. Ant Group’s treasury management solution aimed at enhancing global liquidity management and Franklin Templeton’s exploration of a tokenized money market fund further exemplifies the innovative spirit of these initiatives.
MAS collaborations and partnership pilots.
J.P. Morga
We współpracy z: https://cryptoslate.com/singapores-monetary-authority-launches-new-asset-tokenization-pilots-with-project-guardian-expansion/
