Chainlink Partners With Australian Bank ANZ in RWA Tokenization Initiative

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Chainlink Partners With Australian Bank ANZ in RWA Tokenization Initiative
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On Sept. 30, Chainlink Labs announced that it was officially partnering with ANZ, a leading Australian bank with over $750 billion in assets under management.

ANZ Singapore head, Mark Evans, said that MAS is a global leader in its commitment to digitizing the financial system through industry collaboration before adding: ANZ Banking Services Lead Nigel Dobson noted that tokenized asset markets are “highly fragmented,” with assets and related services spanning different blockchains that are not natively interoperable.

He also mentioned that the collaboration would help the bank demonstrate its emerging digital assets capabilities such as A$DC, an Australian dollar stablecoin first minted in March 2022.

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