The Monetary Authority of Singapore (MAS) has announced the commencement of “Project Guardian”, a collaborative initiative with the financial industry that seeks to explore the economic potential and value-adding use cases of asset tokenization.
Project Guardian, which was launched by Heng Swee Keat, Deputy Prime Minister and Coordinating Minister for Economic Policies, at the Asia Tech x Singapore Summit, will test the feasibility of applications in asset tokenization and DeFi while managing risks to financial stability and integrity.
