UK and Singapore Drive Collaboration on Digital Finance, AI, and Asset Tokenization

By: theblockbeats.news|2025/07/04 04:01:33

BlockBeats News, July 4th, according to Decrypt, UK and Singaporean officials held the tenth UK-Singapore Financial Dialogue in London this week, reaching multiple cooperation agreements in the digital finance field. They agreed to continue advancing the Project Guardian initiative to test the practical application potential of tokenized financial assets. The next phase will involve closer collaboration with industry associations such as the Investment Association of the UK and the Investment Management Association of Singapore. The dialogue also mentioned the Global Layer One plan, aiming to create a shared ledger system to reduce technical and regulatory barriers for cross-border tokenized asset transactions.

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