The post MAS Expands Asset Tokenization Initiatives Through Project Guardian! appeared first on Coinpedia Fintech News

The Monetary Authority of Singapore (MAS) has announced plans to expand its asset tokenization initiatives and develop foundational capabilities to scale tokenized markets through Project Guardian. The project’s industry group, which includes 17 financial institutions, has initiated five additional pilot schemes to test promising asset tokenization use cases, potentially paving the way for integration across the capital markets value chain. The pilots include institutional-grade mechanisms for pricing and executing digital asset trades, a cross-border FX payment solution, a treasury management solution, and a tokenized money market fund.

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