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

Mastercard and Visa Strengthen Support for Stablecoin Settlement

The payment giants expand their collaboration on stablecoin transactions. Highlights: Mastercard and Visa increase support for stablecoin transactions.The move...

Nexi Strengthens Payment Services with Google Cloud Partnership

New collaboration aims to enhance agentic payments across Europe. Highlights: Nexi and Google Cloud sign a Memorandum of Understanding.Partnership...

Revolut Launches Ultra-Premium Business Card to Challenge Amex

New offering targets high-value business customers seeking premium benefits. Highlights: Revolut introduces an ultra-premium business card for elite customers.The...

CaixaBank Launches AI Agent to Enhance In-App Purchases

New technology aims to simplify shopping experiences for users. Highlights: CaixaBank's new AI agent assists customers in making in-app...