Moody’s to participate in MAS’ Project Guardian on ‘asset tokenization’

Moody’s “announced its involvement in the fixed income workstream of the Monetary Authority of Singapore’s Project Guardian, a collaborative initiative between the public and private sectors launched in 2022 to enhance liquidity and efficiency of financial markets through asset tokenization while managing risks to financial stability and integrity. Under Project Guardian’s fixed income workstream, Moody’s plans to provide risk analysis for tokenized fixed income products. This may involve fixed-income securities, fund units, stablecoins, tokenized deposits, and other components of the digital finance ecosystem. Moody’s independent risk assessment is intended to enhance market transparency, reduce systemic risks, and facilitate the growth of the tokenization industry.”