•  
• Tweet
•  
•        Print
•  
•         Track Keywords
•  
• 

Matthias Knab, Opalesque for New Managers:

In a significant development for digital asset markets, the Monetary Authority of Singapore (MAS) has announced comprehensive plans to advance tokenization in financial services, potentially creating new opportunities for institutional investors.

The announcement, made on November 4, 2024, outlines four major strategic thrusts that could reshape how financial assets are traded and settled:

• Formation of commercial networks to enhance tokenized asset liquidity
• Development of market infrastructure ecosystems
• Implementation of industry frameworks
• Creation of common settlement facilities for tokenized assets

MAS's Project Guardian has already demonstrated significant traction, with:

• Over 40 financial institutions participating across seven jurisdictions
• 15+ industry trials completed
• Six currencies tested (USD, EUR, JPY, CHF, SGD, AUD)
• Major players including Citi, HSBC, Schroders, Standard Chartered, and UOB forming the Guardian Wholesale Network

For institutional investors, these developments present several key considerations:

• Enhanced Liquidity: The formation of commercial net......................

  To view our full article Click here