ChainCatcher news, Australia and New Zealand Banking Group (ANZ) announced that it has joined "Project Guardian," led by the Monetary Authority of Singapore, to explore broader channels for acquiring tokenized real-world assets in the financial markets.ANZ stated in a release that it is collaborating with Chainlink Labs and ADDX to experiment with interoperability between private blockchains for the exchange of tokenized real-world assets such as commercial paper.Project Guardian, launched in 2022, is a public-private tokenization collaboration aimed at testing the tokenization of real-world assets. Participating entities include the UK's Financial Conduct Authority (FCA), Switzerland's Financial Market Supervisory Authority (FINMA), Japan's Financial Services Agency (FSA), as well as financial institutions like Deutsche Bank, Citigroup, and Apollo. The project is exploring tokenization in the fixed income, wealth management, and foreign exchange sectors.

ChainCatcher news, according to CryptoSlate, Deutsche Bank is collaborating with Interop Labs (the initial development team of Axelar Network) to join the Project Guardian, sponsored by the Monetary Authority of Singapore, which aims to establish new standards for blockchain interoperability and asset tokenization.Interop Labs CEO Sergey stated, "Secure blockchain interoperability is a prerequisite for unlocking the trillion-dollar potential of asset tokenization, and Axelar is the key infrastructure for institutional adoption."Previously, Axelar had collaborated with JPMorgan's digital asset platform Onyx and Apollo to successfully experiment with how to use smart contracts to manage client portfolios at scale.

ChainCatcher news, according to Cointelegraph, Deutsche Bank has announced its participation in the Monetary Authority of Singapore's asset tokenization project, Project Guardian.It is reported that the project focuses on asset tokenization in the wholesale financing market and decentralized finance (DeFi) applications. As part of the collaboration, Deutsche Bank will test open architecture and interoperable blockchain platforms to provide services for tokenization and digital funds. The bank will also propose protocol standards.