Tokenization
Exploring Tokenized Assets with ANZ and Chainlink
Monday. September 30 at 11:00 PM
1 min. readAustralia's ANZ bank has teamed up with Chainlink and ADDX to delve into tokenized real-world assets as part of MAS's Project Guardian. This initiative aims to boost access to tokenized assets in the financial sector, with involvement from global regulators and financial services players. ANZ plans to utilize private blockchains to facilitate the exchange of tokenized assets like commercial papers. The partnership also aims to showcase the capabilities of ANZ's A$DC token for seamless goods and capital movement. Chainlink's Sergey Nazarov highlights the importance of interoperability for scaling transactions with tokenized assets, emphasizing the role of CCIP technology. The crypto landscape in India, Singapore, and Indonesia is evolving rapidly, with increased institutional interest in assets like LINK. By leveraging decentralized oracle networks, blockchain technology can enhance stock exchange stability and prevent retail investors from outdated information risks. Disclaimer: The opinions expressed are personal and not investment advice. Readers are advised to conduct their own research before engaging in cryptocurrency activities.