【ANZ joins Project Guardian initiative led by Monetary Authority of Singapore】 September 30, according to The Block, Australia and New Zealand Banking Group (ANZ) announced on September 30, 2024 that it had officially joined the Project Guardian program led by the Monetary Authority of Singapore (MAS). The program aims to "explore the wider application of physical asset tokenization in financial markets." It is reported that ANZ will work with Chainlink Labs and ADDX to focus on "interoperability between private blockchains to enable the exchange of physical asset tokens such as commercial paper." Mark Evans, head of ANZ Singapore Branch, said the bank is committed to "accelerating the development of a stable and secure digital asset ecosystem to meet the future needs of customers in the region." Project Guardian began in 2022 and is a public-private partnership tokenization experiment program designed to test the tokenization application of physical assets. Participating entities include the UK Financial Conduct Authority (FCA), the Swiss Financial Market Supervisory Authority (FINMA) and the Japanese Financial Services Agency (FSA), as well as financial institutions such as Deutsche Bank, Citibank and Apollo Global Management. The project is exploring tokenized applications in fixed income, wealth management and foreign exchange.