Two financial titans, JPMorgan Chase and Apollo, have revealed their collaborative efforts to establish an enterprise mainnet through the Monetary Authority of Singapore’s (MAS) Project Guardian pilot project. This pioneering initiative aims to test and enhance digital assets for more efficient investment and management of discretionary portfolios, addressing challenges related to automated portfolio rebalancing and […]
The Reserve Bank of Australia (RBA) has highlighted the potential of tokenized assets to transform the Australian financial system in a speech by Assistant Governor (Financial System) Brad Jones. Jones noted that tokenization is the process of representing assets on a blockchain, which is a distributed ledger technology. This allows assets to be traded more […]
In a strategic move to cater to the evolving needs of institutional clients, HSBC has announced plans to introduce a cutting-edge digital assets custody service in 2024. This initiative marks a significant step in HSBC’s digital transformation journey and aims to provide comprehensive support for institutional investors engaged in tokenized securities. HSBC has partnered with […]
