Australia and New Zealand Banking Group (ANZ) has joined Project Guardian, a Singaporean real-asset tokenization project led by the Monetary Authority of Singapore (MAS), the bank announced Monday. "ANZ joins Project Guardian to experiment with interoperability across private blockchains to exchange tokenized real-world assets in financial markets, and explore broader access to the real-world assets (RWA) market," ANZ said in a statement. Project Guardian aims to develop a framework for tokenizing real-world assets such as real estate, infrastructure, and commodities. The project is part of MAS's broader efforts to promote the development of a digital asset ecosystem in Singapore. ANZ's participation in Project Guardian is a significant step forward for the bank's digital asset strategy. ANZ has been exploring the use of blockchain technology for several years, and the bank has already launched a number of blockchain-based projects. ANZ's participation in Project Guardian will allow the bank to collaborate with other leading financial institutions and technology companies to develop a new generation of financial products and services.