9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
According to Bloomberg, the Monetary Authority of Singapore will explore the possibilities of DeFi protocols and tokenization. JPMorgan, Marketnote and DBS will also be involved in the Guardian
According to Bloomberg, the Monetary Authority of Singapore will explore the possibilities of DeFi protocols and tokenization.
JPMorgan, Marketnote and DBS will also be involved in the Guardian project. Financial institutions will work on user cases in four main areas:
The first pilot project provides for the creation of a permitted liquidity pool. It will consist of tokenized shares and deposits used to provide secured loans through smart contracts.
“These early work on DeFi solutions will ensure Singapore’s competitiveness as an advanced financial hub,” said Han Kwee Huan, Head of Strategic Planning at DBS.
Alameda Research has previously raised $25 million through permissioned platform Maple Finance.
Source: Fork Log
I’m Sandra Torres, a passionate journalist and content creator. My specialty lies in covering the latest gadgets, trends and tech news for Div Bracket. With over 5 years of experience as a professional writer, I have built up an impressive portfolio of published works that showcase my expertise in this field.
