Deutsche Bundesbank Joins Global Initiative to Shape Tokenized Asset Standards
The Deutsche Bundesbank has joined Project Guardian, a Singapore-led initiative aimed at reshaping global capital markets through asset tokenization.
Launched by the Monetary Authority of Singapore (MAS) in 2022, the project brings together financial institutions and regulators to promote liquidity and establish standards for tokenized assets.
The Bundesbank’s participation aligns with Europe’s focus on blockchain and distributed ledger technology (DLT).
By joining the project, it seeks to contribute to cross-border collaboration, influence digital asset regulation, and help develop interoperable blockchain platforms for managing tokenized assets.
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Project Guardian also aims to create frameworks for tokenized assets, ensuring they are commercially viable while maintaining regulatory safeguards.
The initiative has already attracted major players like DBS Bank, JP Morgan, and Deutsche Bank, signaling a significant step toward the future of decentralized finance and digital asset standards.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
