ChainCatcher news, according to CoinDesk, the Singapore subsidiary of crypto asset management company HashKey Capital has obtained a license from the Monetary Authority of Singapore (MAS), allowing it to provide fund management services in the country.

ChainCatcher message, the Monetary Authority of Singapore (MAS) announced that it is collaborating with the financial industry to expand the asset tokenization program and enhance foundational capabilities to drive the scalable development of the tokenization market. These expansions under the "Project Guardian" will catalyze institutional adoption of digital assets, aiming to unlock liquidity, open investment opportunities, and improve the efficiency of financial markets.It is reported that an industry group consisting of 17 financial institutions from "Project Guardian" has launched five industry pilot projects to test promising asset tokenization use cases, which are expected to provide integration across the entire capital market value chain, including listing, distribution, trading, settlement, and asset servicing.

ChainCatcher news, British asset management giant Schroders is exploring the capabilities of Tokenized Investment Vehicles (TIV) with the Monetary Authority of Singapore, which supports the packaging and issuance of traditional investment securities. Schroders is participating in the Monetary Authority of Singapore's Project Guardian, which aims to test the feasibility of tokenized assets. Schroders will collaborate with the global fund network Calastone to explore the capabilities of Variable Capital Companies (VCC) tokenization tools.In August 2022, Schroders announced the acquisition of a minority stake in asset management company Forteus, which focuses on blockchain technology and digital assets, to explore the issuance of digital tokens to investors. In early February 2023, Schroders participated in the issuance of the first pound-denominated digital bond by the European Investment Bank. (Source link)