MAS has revealed its collaboration with the financial industry to enhance asset tokenisation initiatives and establish the necessary capabilities for the growth of tokenised markets. This move signifies MAS’s commitment to exploring the potential of tokenisation and its benefits in the financial sector. By working together with industry players, MAS aims to expand the use of tokens to represent assets and facilitate the trading of these tokenised assets on a larger scale. This strategic partnership will pave the way for the development of a robust and efficient tokenised market ecosystem, bringing about new opportunities and advancements in the financial industry.
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