October 4, 2024<\/p>\n\n\n\n
By Our Correspondent<\/p>\n\n\n\n
The bank will investigate blockchain interoperability for the exchange of tokenised real-world assets.<\/p>\n\n\n\n
ANZ has become a participant in the Monetary Authority of Singapore\u2019s (MAS) Project Guardian, focusing on the application of tokenised real-world assets within financial markets.<\/p>\n\n\n\n
The Australian-based bank will collaborate with Chainlink Labs and ADDX to examine the interoperability of private blockchains for the exchange of tokenised real-world assets, including commercial paper.<\/p>\n\n\n\n
Mark Evans, ANZ’s country head in Singapore, and Nigel Dobson, lead of ANZ banking services, expressed their satisfaction in joining Project Guardian.<\/p>\n\n\n\n
\u201cANZ has maintained a presence in Singapore for 50 years, during which our clients have benefited from a regulatory framework that genuinely encourages innovation,\u201d stated Evans.<\/p>\n\n\n\n
Since its inception in 2022, Project Guardian has facilitated cooperation between policymakers and the financial sector to improve liquidity and efficiency in financial markets through asset tokenisation.<\/p>\n\n\n\n
Dobson highlighted the fragmented nature of tokenised asset markets, which he believes can hinder adoption and complicate the integration process for financial institutions.<\/p>\n\n\n\n
\u201cWe are excited to be part of Project Guardian and anticipate showcasing how our developing Digital Assets capabilities, such as A$DC, can assist our clients in facilitating the movement of goods and capital throughout the region,\u201d Dobson remarked.<\/p>\n","protected":false},"excerpt":{"rendered":"
October 4, 2024 By Our Correspondent The bank will investigate blockchain interoperability for the exchange of tokenised real-world assets. ANZ has become a participant in the Monetary Authority of Singapore\u2019s (MAS) Project Guardian, focusing on the application of tokenised real-world assets within financial markets. The Australian-based bank will collaborate with Chainlink Labs and ADDX to […]<\/p>\n","protected":false},"author":4,"featured_media":6443,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6442","post","type-post","status-publish","format-standard","has-post-thumbnail","category-uncategorized"],"yoast_head":"\n