<ul data-eligibleForWebStory="false"><li>Australia has launched a major tokenisation pilot with its central bank and a government-backed research center involving 24 industry participants.</li><li>The initiative, known as Project Acacia, aims to explore digital settlement systems for tokenised assets and the future of wholesale finance.</li><li>The project will involve 24 use cases over the next six months, testing tools such as central bank digital currencies, stablecoins, and deposit tokens to enable more efficient financial markets.</li><li>Industry participants, including major banks and fintechs, will explore asset classes like fixed income, private markets, trade receivables, and carbon credits using various distributed ledger platforms.</li></ul>

Australia Launches Major Tokenisation Pilot with Central Bank and Industry Players

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