Moody’s Announces Participation in Project Guardian to Explore Asset Tokenization
July 17 2024 - 8:00PM
Business Wire
Moody’s Corporation (NYSE:MCO) today announced its involvement
in the fixed income workstream of the Monetary Authority of
Singapore’s (MAS) Project Guardian, a collaborative initiative
between the public and private sectors launched in 2022 to enhance
liquidity and efficiency of financial markets through asset
tokenization while managing risks to financial stability and
integrity.
“Moody’s is entering a new era of brand identity, innovation,
and collaboration, and we’re proud to be part of this project at
the forefront of asset tokenization,” said Wendy Cheong, Managing
Director and Regional Head of Asia-Pacific for Moody’s Ratings.
“Our participation in Project Guardian reflects our commitment to
innovation, transparency, and risk analysis in financial
markets.”
Under Project Guardian’s fixed income workstream, Moody’s plans
to provide risk analysis for tokenized fixed income products. This
may involve fixed-income securities, fund units, stablecoins,
tokenized deposits, and other components of the digital finance
ecosystem. Moody’s independent risk assessment is intended to
enhance market transparency, reduce systemic risks, and facilitate
the growth of the tokenization industry.
“Project Guardian is a testament to the power of transparency in
the financial industry and as we join other leaders in this
initiative, we are excited about the potential of tokenization to
transform the financial landscape,” said Fabian Astic, Managing
Director and Global Head, Digital Economy, Moody’s Ratings. “At
Moody’s, we are committed to paving the way for these advancements
and contributing to a more efficient and transparent market.”
About Moody's Corporation In a world shaped by
increasingly interconnected risks, Moody’s (NYSE: MCO) data,
insights, and innovative technologies help customers develop a
holistic view of their world and unlock opportunities. With a rich
history of experience in global markets and a diverse workforce of
approximately 15,000 across more than 40 countries, Moody’s gives
customers the comprehensive perspective needed to act with
confidence and thrive. Learn more at moodys.com.
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other matters that could affect the volume of debt and other
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or malfunctions of our operations and infrastructure; any
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the timing and effectiveness of our restructuring programs, such as
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as our acquisition of RMS, or other business combinations and the
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and a decline in the demand for credit risk management tools by
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well as other risks and uncertainties that could cause Moody’s
actual results to differ materially from those contemplated,
expressed, projected, anticipated or implied in the forward-looking
statements are described in greater detail under “Risk Factors” in
Part I, Item 1A of Moody’s annual report on Form 10-K for the year
ended December 31, 2023, and in other filings made by the Company
from time to time with the SEC or in materials incorporated herein
or therein. Stockholders and investors are cautioned that the
occurrence of any of these factors, risks and uncertainties may
cause the Company’s actual results to differ materially from those
contemplated, expressed, projected, anticipated or implied in the
forward-looking statements, which could have a material and adverse
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it is not possible for the Company to predict new factors, nor can
the Company assess the potential effect of any new factors on it.
Forward-looking and other statements in this document may also
address our corporate responsibility progress, plans, and goals
(including sustainability and environmental matters), and the
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Commission. In addition, historical, current, and forward-looking
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measuring progress that are still developing, internal controls and
processes that continue to evolve, and assumptions that are subject
to change in the future.
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For Moody’s Investor Relations: Shivani Kak Moody’s Corporation
+1 212-553-0298 Shivani.Kak@moodys.com
For Moody’s Communications: Joe Mielenhausen Moody’s Corporation
Joe.Mielenhausen@moodys.com +1 212-553-1461
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