US EditionFireblocks Joins Project Acacia to Explore the Role of Digital Money in Wholesale Tokenised Asset Markets
- Fireblocks is participating in Project Acacia, led by the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre, to explore digital money's role in wholesale tokenized asset markets in Australia.
- The project is currently developing and testing prototypes for settling transactions in tokenized assets in its second phase.
- Fireblocks' proposal was conditionally selected for experimentation in Phase 2, collaborating with NotCentralised and Redbelly Network.
- A report on the project's findings is expected to be published by the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre by the end of 2025.
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74 Articles
InsideNoVA.com
Fireblocks Joins Project Acacia to Explore the Role of Digital Money in Wholesale Tokenised Asset Markets
Leading digital asset infrastructure provider joins forces with companies including NotCentralised, Redbelly Network, Australian Bond Exchange, and Fasanara Capital to pilot atomic settlement of tokenised securities using CBDC, stablecoins, and deposit tokens.
ASIC provides relief for digital currency testing - Financial Newswire
Three of the major banks, a global custodian and some relative financial services minnows have been selected by the Reserve Bank and the Digital Finance Cooperative Research Centre (DFCRC) to participate in the piloting of digital currency innovations. The selections are part of the Government’s ongoing Project Acacia. Those selected will benefit from the Australian Securities and Investments Commission (ASIC) providing regulatory relief to supp…
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