is accelerating efforts to drive the tokenisation of financial services, unveiling a comprehensive plan to enhance liquidity, streamline cross-border transactions, and establish a robust ecosystem for
digital assets.By connecting a wider range of participants and services across multiple currencies and asset classes, MAS believes this initiative will improve capital raising, secondary trading, and the settlement of tokenised assets, offering new opportunities for market growth.
This collaborative, networked approach aims to bring together a diverse group of stakeholders to unlock the potential of tokenised assets and related services. initiative. A new working group under GL1 will also be formed, bringing together global financial market infrastructure providers to define best practices and control principles for digital asset securities.Alongside these efforts, MAS has launched the Guardian Fixed Income Framework and the Guardian Funds Framework , both aimed at promoting wider acceptance of tokenised assets among financial institutions.
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