Tag: financial instruments

  • IMF, World Bank and BIS partner to tokenize financial instruments

    IMF, World Bank and BIS partner to tokenize financial instruments

    The International Monetary Fund (IMF), World Bank, and Bank ​for International Settlements (BIS) have recently ‌announced a groundbreaking partnership aimed at leveraging blockchain technology to tokenize financial instruments. Tokenization refers to the process of ⁤converting‌ rights ⁣to an asset into a digital token on ‍a blockchain. This collaboration represents a significant step towards harnessing ⁤the…