{"id":817,"date":"2023-11-23T16:52:00","date_gmt":"2023-11-23T08:52:00","guid":{"rendered":"https:\/\/insights.digift.io\/?p=817"},"modified":"2025-08-15T16:46:45","modified_gmt":"2025-08-15T08:46:45","slug":"mas-partners-financial-industry-to-expand-asset-tokenization-initiatives-osaka-digital-exchange-to-start-security-token-trading-platform","status":"publish","type":"post","link":"https:\/\/insights.digift.io\/zh\/mas-partners-financial-industry-to-expand-asset-tokenization-initiatives-osaka-digital-exchange-to-start-security-token-trading-platform\/","title":{"rendered":"MAS partners financial industry to expand asset tokenization initiatives; Osaka digital exchange to start security token trading platform"},"content":{"rendered":"\n

Weekly <\/strong>Update: 23 November 2023<\/strong><\/p>\n\n\n\n

1) MAS partners financial industry to expand asset tokenization initiatives [MAS]<\/a><\/p>\n\n\n\n

– The Monetary Authority of Singapore (MAS) today announced that it is working with the financial industry to expand asset tokenisation initiatives and develop foundational capabilities to scale tokenised markets.<\/p>\n\n\n\n

2) Osaka digital exchange to start security token trading platform [CoinDesk]<\/a><\/p>\n\n\n\n

– The platform, named Start, will begin operation on Dec. 25 with a $20 million real-estate securities issuance.<\/p>\n\n\n\n

3) Blockchain startup Kinto plans ‘first KYC’d’ Ethereum layer-2 network after raising $5M [CoinDesk]<\/a><\/p>\n\n\n\n

– Ethereum layer 2 Kinto network features native know-your-customer (KYC) checks and investor accreditation mechanism to help onboard regulated financial institutions.<\/p>\n\n\n\n

4) CBDCs good for payments, even with competition: IMF [CoinDesk]<\/a><\/p>\n\n\n\n

– The International Monetary Fund’s planned CBDC handbook offers guidance for policymakers on how to explore digital versions of sovereign currencies.<\/p>\n\n\n\n

5) JPMorgan, Apollo Tokenize Funds in ‘Proof of Concept’ With Axelar, Oasis, Provenance[CoinDesk]<\/a><\/p>\n\n\n\n

– The aim of the project was to allow wealth managers to tokenize funds and to be able to purchase and rebalance positions in tokenized assets across multiple interconnected chains.<\/p>\n\n\n\n

6) Philippines sells $270M in first-ever tokenized bonds, reflecting investor hype [Investing.com]<\/a><\/p>\n\n\n\n

– The Bureau of the Treasury aimed to sell $179 million in Tokenized Treasury Bonds (TTBs), but bids surged to 31.426 billion Pesos, exceeding the minimum offer by three times, as reported by Bloomberg.<\/p>\n\n\n\n

7) Singapore to pilot use of wholesale central bank digital currencies in 2024 [CNBC]<\/a><\/p>\n\n\n\n

– MAS will initiate a pilot program next year, partnering with local banks to facilitate instantaneous domestic payments through the live issuance and utilization of wholesale central bank digital currencies (CBDCs).<\/p>\n\n\n\n

8) Stablecoin issuer Paxos plans new U.S. dollar-backed token for Singapore operations [CoinDesk]<\/a><\/p>\n\n\n\n

– The company plans to issue a U.S. dollar-backed stablecoin upon receiving full approval from the Monetary Authority of Singapore, its central bank.<\/p>\n","protected":false},"excerpt":{"rendered":"

Blockchain startup Kinto plans ‘first KYC’d’ Ethereum layer-2 network after raising $5M <\/p>","protected":false},"author":256897717,"featured_media":2384,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_oasis_is_in_workflow":0,"_oasis_original":0,"advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"jetpack_seo_schema_type":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"page_builder":"","_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false,"_links_to":"","_links_to_target":""},"categories":[132582],"tags":[],"class_list":["post-817","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-decoded"],"acf":[],"jetpack_shortlink":"https:\/\/wp.me\/pg7Ide-db","jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/insights.digift.io\/wp-content\/uploads\/2023\/11\/DigiFT-Weekly-17-Nov.jpg?fit=1173%2C620&ssl=1","_links":{"self":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/817","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/users\/256897717"}],"replies":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/comments?post=817"}],"version-history":[{"count":1,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/817\/revisions"}],"predecessor-version":[{"id":818,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/posts\/817\/revisions\/818"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/media\/2384"}],"wp:attachment":[{"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/media?parent=817"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/categories?post=817"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/insights.digift.io\/zh\/wp-json\/wp\/v2\/tags?post=817"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}