Paesan

🇸🇬 Tokens named after a Swiss private bank's products just made their first moves over Chainlink CCIP - and the trail points to Singapore's Project Guardian. First, what Project Guardian is: it's the Monetary Authority of Singapore's (MAS) programme with global banks and asset managers. Project Guardian’s goal is to use blockchain infrastructure to tangibly demonstrate how tokenization and smart contracts are transforming the financial markets through asset tokenization. That means funds, bonds and structured products issued and managed on blockchains under real regulation. A big theme is interoperability: assets have to move across many chains and still stay compliant. What happened overnight on CCIP: one fresh wallet sent from Ethereum to Solana: • 100,000 "EFG SGBENJI FUND" (EFGBENJI) • 20.00 "EFG CACIB Structured Note" (EFGCAPPN) How it links to Project Guardian: • sgBENJI is Franklin Templeton's Singapore tokenized money fund, and it's the case study in MAS's own Project Guardian report on tokenised funds. • sgBENJI's default chain is Stellar, and Stellar tokens use 7 decimal places. EFGBENJI also uses 7 decimal places. We also know Stellar is currently being integrated with CCIP. Benji also supports 7 other public chains, all of which are already connected to CCIP. • EFG has history with MAS: Project Nathan put its structured products on a blockchain, backed by an MAS innovation grant. • Chainlink already powers Project Guardian use cases with Swift, UBS, ANZ, and SBI, including CCIP-based fund subscriptions and redemptions across chains. A private bank's fund and a bank-issued structured note going multichain together is exactly what Project Guardian set out to prove. Chainlink is the platform for orchestrating tokenization. ethereum:0x514910771af9ca656af840dff83e8264ecf986ca