NEW YORK, June 27, 2024 /PRNewswire/ -- S&P Global Ratings is excited to announce its participation in the Monetary Authority of Singapore's (MAS) Project Guardian, a collaborative initiative between policymakers and the financial industry to enhance the liquidity and efficiency of financial markets through asset tokenization.
S&P Global Ratings joins Project Guardian's industry group, collaborating with other financial institutions to broaden asset tokenization efforts and to leverage the network effect to expand asset tokenization into capital markets. The firm will participate in Project Guardian's Fixed Income workstream, developing analytic frameworks, assessments and benchmarks in digital assets and tokenized markets.
Chuck Mounts, Chief DeFi Officer, S&P Global Ratings: "We are delighted to join Project Guardian. This is another step forward in our commitment to leveraging our robust analytical and risk assessment capabilities to support both traditional finance (TradFi) and the growing universe of crypto-native decentralized finance (DeFi) clients."
Andrew O'Neill, Digital Assets Analytical Lead, S&P Global Ratings: "Recent innovations in digital bonds and tokenized treasuries have highlighted the potential of digitalization to transform capital markets. We aim to bring our risk perspective and insights to this forum to support robust risk mitigation as this technology is applied in financial markets."
For more information on Project Guardian, visit: https://www.mas.gov.sg/schemes-and-initiatives/project-guardian
For more information on S&P Global Ratings Digital Assets insights, visit: https://www.spglobal.com/en/research-insights/market-insights/capital-markets/digital-assets
About S&P Global Ratings
S&P Global Ratings is the world's leading provider of independent credit ratings. Our ratings are essential to driving growth, providing transparency and helping educate market participants so they can make decisions with confidence. We have more than 1 million credit ratings outstanding on government, corporate, financial sector and structured finance entities and securities. We offer an independent view of the market built on a unique combination of broad perspective and local insight. We provide our opinions and research about relative credit risk; market participants gain independent information to help support the growth of transparent, liquid debt markets worldwide.
S&P Global Ratings is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit www.spglobal.com/ratings.
Media Contacts:
Russell Gerry, London, +44 (0)7790 931 983; [email protected]
Michelle Lei, Beijing, + 86 10 6569 2961; [email protected]
SOURCE S&P Global Ratings
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