In this week’s roundup, we look at Singapore’s financial watchdog looking to develop asset tokenisation standards across various asset classes, Cega’s new shark fin products, and more.
The Monetary Authority of Singapore (MAS) has expanded initiatives to scale asset tokenisation for financial services as it looks to develop asset tokenisation standards across various segments, including fixed income, FX, and asset and wealth management. The GL1 initiative is an important next step to realise the potential of asset tokenisation and reap efficiencies in capital markets - Sing Chiong Leong, MAS In an announcement revealed on 27 June, Singapore’s financial watchdog intro