Today the Monetary Authority of Singapore (MAS) shared the results of its first Project Guardian pilots that explore DeFi and tokenization. And it announced two more pilots, for trade finance and wealth management.
Standard Chartered is leading a project to explore the tokenization of trade finance assets.
“Digital assets are here to stay, and we see its potential to play a greater role in supporting the real economy,” said Kai Fehr, Global Head of Trade & Working Capital at Standard Chartered.
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