The Monetary Authority of Singapore (MAS) today announced plans to advance tokenisation in financial services. These include: forming commercial networks to deepen liquidity of tokenised assets; developing an ecosystem of market infrastructures; fostering industry frameworks for tokenised asset implementation; and enabling access to common settlement facility for tokenised assets. Deepening liquidity of tokenised assets through formation of commercial networks […]
Launched as part of the Monetary Authority of Singapore’s (MAS) Project Guardian, new pilot demonstrates how financial institutions can leverage existing Swift infrastructure to facilitate off-chain cash settlements for tokenized funds. Swift, UBS Asset Management, and Chainlink have completed a pilot for settling tokenized fund subscriptions and redemptions using the Swift network. This initiative would enable digital asset […]
Earlier this month, Digital Assets Week London hosted a very insightful panel titled The Future of Securities Servicing: Custody and Tokenization. The panel, moderated by Graeme Moore, Co-Founder & Head of Tokenization at Polymesh Association, includes representatives from Zodia Custody, Taurus, BNP Paribas and Ripple. Expanding on the future challenges and potential of tokenization on […]
