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ADDX and ANZ pilot tokenized commercial papers with Chainlink's private transaction tech

ADDX, ANZ Bank, and Chainlink have collaborated to create a solution for cross-border transactions involving tokenized commercial papers. The project utilizes ADDX's investment platform, ANZ's Digital Asset Services, and Chainlink's Cross-Chain Interoperability Protocol (CCIP) with Private Transactions functionality. The aim is to enable regulatory-compliant digital asset transactions, allowing financial entities to tokenize and conduct transactions within their current frameworks. The pilot will allow Australian investors to purchase and redeem tokenized commercial papers on ADDX's licensed market operator. Chainlink's CCIP Private Transactions enhance security by keeping transaction details confidential across the public CCIP network. This project was developed under Singapore's Monetary Authority-led Project Guardian initiative to enhance financial market liquidity and efficiency through asset tokenization.

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