đ Singapore is diving headfirst into the tokenization pool! đââïž The Monetary Authority of Singapore (MAS) just dropped two frameworks to make tokenized assets the new norm in financial services.
1ïžâŁ MAS plans to boost liquidity by forming commercial networks and developing market infrastructures.
2ïžâŁ Theyâre fostering industry frameworks for smooth tokenized asset implementation.
3ïžâŁ Access to common settlement facilities for tokenized assets is on the horizon.
Project Guardian, with 40 financial institutions, is also in on the action, setting guidelines for tokenized fixed income and funds. đ
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