Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether.
Update May 14, 12:35 UTC: This article has been updated to include quotes from Interop Labs CEO Sergey Gorbunov
Deutsche Bank, a German multinational investment bank, is collaborating with Singapore's central bank on asset tokenization.
Deutsche Bank has joined the Monetary Authority of Singapore’s (MAS) Project Guardian, which focuses on asset tokenization in wholesale funding markets and decentralized finance (DeFi) applications.