Australia's central bank backs tokenization as pilot finds $16.7B upside

Australia's central bank backs tokenization as pilot finds $16.7B upside

The Reserve Bank of Australia has projected $16.7 billion in annual gains from RWA tokenization, and is exploring a new digital financial market sandbox.

The Reserve Bank of Australia is putting its support behind the real-world asset tokenization sector, citing recent analysis that it could contribute 24 billion Australian dollars ($16.7 billion) to … [+2615 chars]