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S&P Global Ratings Joins MAS’s Project Guardian to Enhance Financial Market Efficiency Through Asset Tokenization

S&P Global Ratings is proud to announce its participation in the Monetary Authority of Singapore‘s (MAS) Project Guardian. This initiative unites policymakers and the financial industry to enhance liquidity and efficiency in financial markets through the use of asset tokenization.

As a new member of Project Guardian’s industry group, S&P Global Ratings will collaborate with other financial institutions to broaden asset tokenization efforts. The goal is to leverage the network effect to expand asset tokenization into capital markets. Specifically, S&P Global Ratings will contribute to Project Guardian’s Fixed Income workstream by developing analytic frameworks, assessments, and benchmarks in digital assets and tokenized markets.

“We are delighted to join Project Guardian,” said Chuck Mounts, Chief DeFi Officer at S&P Global Ratings. “This is another step forward in our commitment to leveraging our robust analytical and risk assessment capabilities to support both traditional finance (TradFi) and the growing universe of crypto-native decentralized finance (DeFi) clients.”

Andrew O’Neill, Digital Assets Analytical Lead at S&P Global Ratings, added, “Recent innovations in digital bonds and tokenized treasuries have highlighted the potential of digitalization to transform capital markets. We aim to bring our risk perspective and insights to this forum to support robust risk mitigation as this technology is applied in financial markets.”

Project Guardian is a collaborative effort spearheaded by MAS to explore the economic potential and governance structures of asset tokenization. S&P Global Ratings’ involvement signifies a significant step towards integrating advanced digital financial technologies with established market practices.

About S&P Global Ratings

S&P Global Ratings is the world’s leading provider of independent credit ratings. Our ratings are essential for driving growth, providing transparency, and helping educate market participants so they can make informed decisions. We have more than 1 million credit ratings outstanding on government, corporate, financial sector, and structured finance entities and securities. Our opinions and research on relative credit risk support the growth of transparent, liquid debt markets worldwide.

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