The @MAS_sg is serious about commercializing asset tokenization. How serious? Read for yourself ⤵️ https://www.mas.gov.sg/news/media-releases/2024/mas-announces-plans-to-support-commercialisation-of-asset-tokenisation
Axelar network has been a Project Guardian component 2 years in a row + @interop_labs is proud to support @DeutscheBank + the Guardian Funds Framework 🦾
Want to learn how @DeutscheBank is leading the way to interoperable, on-chain asset management with an @MAS_sg Project Guardian initiative supported by @interop_labs, Axelar network + @Memento_Bc?
Watch this video ⤵️ and check out the full Future of Finance case study:
6️⃣ AXL is core to Axelar’s protocol-layer Proof-of-Stake consensus, with Validators staking AXL to secure cross-chain operations, earning rewards, and bolstering protocol security.
5️⃣ Deflationary Fee Burning: Proposed transaction fee burning would reduce AXL supply over time, creating scarcity that could increase token value as network use grows. #InfiniteMDS