October 31st, 2023
Happy Halloween Tuesday Loyal Reader!
"The authorities are developing a Project Guardian initiative, focusing on asset tokenization of financial products."

The Monetary Authority of Singapore announced that it is joining hands with prominent regulators from the UK, Japan, and Switzerland to safely and responsibly harness the potential of digital assets across the world. "Project Guardian" is an attempt increase asset tokenization across all financial sectors.

"The New York-based multinational bank JPMorgan Chase & Co. told Bloomberg that its digital settlement token, known as JPM Coin, boasts $1 billion in daily transaction volume"

Ethereum has officially overtaken Stellar's top spot for most tokenized government bonds. Tokenized government bonds have increased seven-fold in 2023, and the trend of tokenization is still increasing. Will Ethereum manage to keep it's top spot despite its high fees?

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