The Monetary Authority of Singapore (MAS) announced today that the first industry pilot under MAS’ Project Guardian [1] that explores potential decentralised finance (DeFi) applications in wholesale funding markets has completed its first live trades. More industry pilots have been launched to test the application of asset tokenisation and DeFi across a broader range of use cases in the financial sector.
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Posted on Nov 2, 2022 Region: Singapore
trade finance MAS, Monetary Authority of Singapore, Project Guardian, HSBC, Standard Chartered Bank, JP Morgan, DBS Bank
