Northern Trust Advances Tokenized Finance Innovation in Australia Through Project Acacia

Northern Trust Advances Tokenized Finance Innovation in Australia through Project Acacia

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SNB Extends Project Helvetia and Broadens Tokenised Asset Settlement Trials - Fintech Schweiz Digital Finance News - FintechNewsCH

As part of its ongoing exploration into the settlement of tokenised assets using central bank money, the Swiss National Bank (SNB) has announced the extension and expansion of Project Helvetia. Since late 2023, the SNB has been piloting the provision of wholesale central bank digital currency (CBDC) for financial institutions on the SIX Digital Exchange trading and settlement platform. Following an internal evaluation, the SNB has decided to con…

Australia Launches Wholesale Tokenised Asset Pilot - Markets Media

Project Acacia has reached a significant milestone with a number of industry participants (see below) selected to explore how innovations in digital money and existing settlement infrastructure might support the development of Australian wholesale tokenised asset markets. Project Acacia is a joint initiative between the Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC). This work is also supported by the…

Australia Advances Project Acacia to Test CBDCs and Tokenised Assets - Fintech Singapore

Australia’s central bank has announced that Project Acacia is moving into its next phase of testing to examine how crypto assets and central bank digital currencies (CBDCs) could support the growth of the country’s wholesale tokenised asset markets. According to The Block, the Reserve Bank of Australia (RBA) said that it will trial 24 use cases in this next stage, with participation from fintech firms and leading banks. A collaborative initiativ…