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Deutsche Bank to explore asset tokenisation applications as part of MAS’ Project Guardian

May 15, 2024


Project Guardian was launched by MAS in May 2022 and seeks to develop and pilot tokenisation use cases across its four focus areas of interoperable networks, independent trust anchors, institutional grade DeFi protocols, and the use of tokenised deposits issued by deposit-taking institutions on public blockchains.

The Financial Conduct Authority (FCA) in the UK, the Financial Services Agency of Japan (FSA), and the Swiss Financial Market Supervisory Authority (FINMA) previously announced their participation in the project last October.

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