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Germany’s Central Bank Joins Project Guardian to Shape Tokenized Finance


by Abdulkarim Abdulwahab
for CoinEdition
Germany’s Apex Bank Joins Project Guardian to Shape Tokenized Finance
  • Deutsche Bundesbank joins Project Guardian, led by Singapore’s MAS.
  • The initiative focuses on asset tokenization and cross-border collaboration.
  • Major global financial institutions are also part of the project.

Deutsche Bundesbank, Germany’s central bank, has joined Project Guardian, a global initiative led by Singapore’s Monetary Authority (MAS). The project aims to reshape financial markets through asset tokenization and promote cross-border collaboration. It also seeks to establish industry standards for tokenized assets while fostering a more interconnected global financial system.

What is Project Guardian

Launched in 2022 by MAS, Project Guardian brings together financial institutions and policymakers worldwide to advance the adoption of tokenized assets in capital markets. The initiative aims to create new liquidity channels and standardize digital asset practices, addressing the evolving needs of the global financial ecosystem.

As one of Europe’s key central banks, Deutsche Bundesbank’s participation marks a significant step toward integrating digital assets into traditional financial systems. The Bundesbank is involved in the project’s p…

The post Germany’s Central Bank Joins Project Guardian to Shape Tokenized Finance appeared first on Coin Edition.

Read the article at CoinEdition

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Germany’s Central Bank Joins Project Guardian to Shape Tokenized Finance


by Abdulkarim Abdulwahab
for CoinEdition
Germany’s Apex Bank Joins Project Guardian to Shape Tokenized Finance
  • Deutsche Bundesbank joins Project Guardian, led by Singapore’s MAS.
  • The initiative focuses on asset tokenization and cross-border collaboration.
  • Major global financial institutions are also part of the project.

Deutsche Bundesbank, Germany’s central bank, has joined Project Guardian, a global initiative led by Singapore’s Monetary Authority (MAS). The project aims to reshape financial markets through asset tokenization and promote cross-border collaboration. It also seeks to establish industry standards for tokenized assets while fostering a more interconnected global financial system.

What is Project Guardian

Launched in 2022 by MAS, Project Guardian brings together financial institutions and policymakers worldwide to advance the adoption of tokenized assets in capital markets. The initiative aims to create new liquidity channels and standardize digital asset practices, addressing the evolving needs of the global financial ecosystem.

As one of Europe’s key central banks, Deutsche Bundesbank’s participation marks a significant step toward integrating digital assets into traditional financial systems. The Bundesbank is involved in the project’s p…

The post Germany’s Central Bank Joins Project Guardian to Shape Tokenized Finance appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Ripple’s RLUSD Stablecoin Rockets 75% in Volume, Re-Enters Top 100

Ripple’s RLUSD Stablecoin Rockets 75% in Volume, Re-Enters Top 100

Ripple's RLUSD has seen its trading volume spike by 75%, while its market cap hit $78...
Ethereum rebound outperforms market amid strongest performance since 2021

Ethereum rebound outperforms market amid strongest performance since 2021

Ethereum closed September with its most robust quarterly performance in over four yea...