Official announcements from the Monetary Authority of Singapore

ANZ Bank with A$1 Trillion AUM Pilots Chainlink's CCIP for Cross-Chain Tokenized Asset Settlement under Project Guardian

Oct 22, 2024, 04:11 AM

Chainlink has introduced CCIP Private Transactions, a privacy-focused feature that enables financial institutions to securely connect private blockchains to the multi-chain economy. The Australia and New Zealand Banking Group (ANZ), a major Australian bank with A$1 trillion in assets under management, will be among the first to pilot this capability for the cross-chain settlement of tokenized real-world assets under the Monetary Authority of Singapore's Project Guardian initiative. The new privacy features, including the Blockchain Privacy Manager and CCIP Private Transactions, aim to enhance security and efficiency in cross-chain transfers, facilitating the integration of tokenized assets across different blockchain networks.