Moody’s joins MAS Project Guardian

It will provide risk analysis for tokenized fixed-income products.

Moody’s Corporation is joining the Monetary Authority of Singapore’s (MAS) Project Guardian, a collaboration between the public and private sectors exploring asset tokenization.

The credit rating agency looks to provide risk analysis for tokenized fixed-income products, including fixed-income securities, fund units, stablecoins, and tokenized deposits, among other things.

With its independent risk assessment, Moody’s aims to enhance market transparency, reduce systemic risks, and facilitate the growth of the tokenization industry.

Moody’s joins over 18 financial institutions that are already participating in Project Guardian, such as Citi, Deutsche Bank, J.P. Morgan, and UBS Group.

In June, MAS announced an expansion of Project Guardian through a deeper partnership with global industry associations and financial institutions.