In response to strong interest from the funds industry, the MAS is launching a new funds workstream within the Project Guardian industry group focused on the native issuance of Variable Capital Company (VCC) funds on digital asset networks.
The Monetary Authority of Singapore (MAS) is working with the financial industry to expand asset tokenisation initiatives and develop foundational capabilities to scale tokenised markets.
These developments under Project Guardian will catalyse the institutional adoption of digital assets, with the aim of freeing up liquidity, unlocking investment opportunities, and increasing the efficiency of financial markets.
