Deutsche Bundesbank has joined the Project Guardian initiative of the Monetary Authority of Singapore to enhance liquidity and efficiency in financial markets through asset tokenization 🌍

Deutsche Bundesbank has joined the Project Guardian initiative launched by the Monetary Authority of Singapore (MAS) to enhance liquidity and efficiency in financial markets through asset tokenization. As part of the project, use cases for asset tokenization, cross-border collaboration, and standards for digital assets are being tested. Bundesbank will participate in testing a platform for tokenized funds aimed at creating a sustainable digital asset ecosystem. The Deputy Director of MAS noted the value of Bundesbank's experience in achieving these goals.