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 […]
Ample FinTech was awarded the Monetary Authority of Singapore’s Financial Sector Technology and Innovation (FSTI) Innovation Acceleration (IA) grant on 25 July 2024. The Financial Sector Technology and Innovation (FSTI) Innovation Acceleration (IA) grant, launched by the Monetary Authority of Singapore (MAS), aims to foster the experimentation, development, and dissemination of emerging innovative technologies in […]
