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The Monetary Authority of Singapore announces the advancement of the financial services tokenization initiative.

TechFlowNov 4, 2024

According to Deep Tide TechFlow news on November 4, as reported by Jin10, the Monetary Authority of Singapore (MAS) announced today a plan to promote the tokenization of financial services. The plan includes: forming a business network to deepen the liquidity of tokenized assets; establishing a market infrastructure ecosystem; cultivating an industry framework for the implementation of tokenized assets; and enabling tokenized assets to use common settlement facilities.

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The Monetary Authority of Singapore announces the advancement of the financial services tokenization initiative.

TechFlowNov 4, 2024

According to Deep Tide TechFlow news on November 4, as reported by Jin10, the Monetary Authority of Singapore (MAS) announced today a plan to promote the tokenization of financial services. The plan includes: forming a business network to deepen the liquidity of tokenized assets; establishing a market infrastructure ecosystem; cultivating an industry framework for the implementation of tokenized assets; and enabling tokenized assets to use common settlement facilities.

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