MAS’ Project Guardian: Swift, UBS, and Chainlink Achieve Tokenized Fund Settlement Pilot

  • The Monetary Authority of Singapore’s Project Guardian has completed a successful pilot for tokenized fund settlements, integrating blockchain assets with traditional Swift infrastructure.
  • In collaboration with UBS Asset Management and Chainlink, the pilot facilitated cross-border transactions for tokenized fund subscriptions and redemptions.
  • This seamless process could reduce delays and manual work in fund operations.
  • UBS Asset Management and SBI Digital Markets, also part of Project Guardian, are now working to establish frameworks for tokenized securities across regulated exchanges, supporting the future of blockchain in global finance
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

New Dataset Launch Strengthens UK Financial RegTech Sector

A comprehensive tool for mapping the UK RegTech landscape has been unveiled. Highlights: A new dataset has been launched...

Revolut Strengthens Stablecoin Efforts in Collaboration with FCA

The fintech firm joins a select group to explore stablecoin regulations. Highlights: Revolut partners with FCA for stablecoin testing.The...

Stripe Considers PayPal Acquisition, Strengthening Market Position

Reported interest in acquiring PayPal could reshape the fintech landscape. Highlights: Stripe is reportedly considering acquiring PayPal.This acquisition could...

Santander Strengthens AI Investments, Targets $1 Billion Business Value

Bank looks to boost efficiency and innovation through AI initiatives. Highlights: Santander aims to create $1 billion in business...