S&P Global Ratings Joins MAS’s Project Guardian to Advance Asset Tokenization
The program, now in its second year, aims to create frameworks and policies for the digital asset economy, focusing on debt securities. S&P Global Ratings will contribute analytic frameworks, risk assessments, and benchmarks tailored for digital assets and tokenized markets under Project Guardian’s Fixed Income workstream.
Chuck Mounts, Chief DeFi Officer, S&P Global Ratings, said in a press release, “We are delighted to join Project Guardian. This is another step forward in our commitment to leveraging our robust analytical and risk assessment capabilities to support both traditional finance (TradFi) and the growing universe of crypto-native decentralized finance (DeFi) clients.”
Within the fixed-income pilot projects, participating institutions are conducting transactions such as foreign exchange and bond trades against tokenized assets, exploring repurchase agreements, and developing frameworks for debt securities listing and initial token offerings on the Singapore Exchange.
Also Read: Blockchain Too Slow for Tokenization: Financial Professor Hilary Allen
S&P Global Ratings Joins MAS’s Project Guardian to Advance Asset Tokenization
The program, now in its second year, aims to create frameworks and policies for the digital asset economy, focusing on debt securities. S&P Global Ratings will contribute analytic frameworks, risk assessments, and benchmarks tailored for digital assets and tokenized markets under Project Guardian’s Fixed Income workstream.
Chuck Mounts, Chief DeFi Officer, S&P Global Ratings, said in a press release, “We are delighted to join Project Guardian. This is another step forward in our commitment to leveraging our robust analytical and risk assessment capabilities to support both traditional finance (TradFi) and the growing universe of crypto-native decentralized finance (DeFi) clients.”
Within the fixed-income pilot projects, participating institutions are conducting transactions such as foreign exchange and bond trades against tokenized assets, exploring repurchase agreements, and developing frameworks for debt securities listing and initial token offerings on the Singapore Exchange.
Also Read: Blockchain Too Slow for Tokenization: Financial Professor Hilary Allen
Summary:
S&P Global Ratings has joined the Monetary Authority of Singapore’s (MAS) Project Guardian to promote asset tokenization in financial markets. Now in its second year, the project aims to establish frameworks and policies for the digital asset economy, particularly focusing on debt securities. S&P Global Ratings will contribute its analytical frameworks, risk assessments, and benchmarks for digital assets within Project Guardian’s Fixed Income workstream. Chuck Mounts, Chief DeFi Officer at S&P Global Ratings, expressed enthusiasm for supporting both traditional finance and decentralized finance clients. The initiative includes pilot projects involving foreign exchange and bond trades, repurchase agreements, and frameworks for debt securities listing and initial token offerings on the Singapore Exchange.
