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Australian lender ANZ partners with Chainlink to explore RWA tokenization

Australian bank ANZ has partnered with Chainlink Labs and ADDX to explore tokenized real-world assets as part of the Monetary Authority of Singapore's Project Guardian. The initiative aims to enhance access to tokenized assets in the financial sector and involves various financial regulators and services players globally. ANZ hopes to leverage the partnership to examine how private blockchains can facilitate the exchange of tokenized assets and overcome market challenges. The bank's A$DC token will also be showcased as a tool for streamlining the movement of goods and capital. Chainlink's interoperability protocol will play a crucial role in driving the growth of the tokenized economy.

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