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

Outpost Raises $17.5M to Strengthen Global Merchant Sales

Funding aims to enhance platform capabilities for cross-border commerce. Highlights: Outpost raises $17.5 million in Series A funding.Investment to...

BBVA Boosts Audit Productivity with AI Assistant

The new AI tool aims to streamline auditing processes at BBVA. Highlights: BBVA introduces an AI assistant to improve...

Morningstar Tightens LSEG Uncertainty Rating on LLM’s Impact on Data Business

Assessment reflects concerns over large language models' influence on data services. Highlights: Morningstar updates LSEG's uncertainty rating amid LLM...

Mastercard Launches Virtual C-Suite of AI Agents for SMEs

The new platform aims to enhance financial services for small businesses. Highlights: Mastercard unveils virtual C-suite of AI agents...