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Asset manager Schroders (AUM £758bn / $1 trillion) is setting up a digital assets center of excellence in Singapore after participating in the local Project Guardian tokenization sandbox.
While Singapore has been at the forefront of digital asset and tokenization innovations, it’s notable that a UK headquartered entity would choose the jurisdiction despite its home country launching a Digital Securities Sandbox (DSS).
The asset manager says it wants to participate in driving best practices in the sector by engaging with global policymakers. It also intends to contribute to knowledge sharing through partnering with local universities. This follows in the footsteps of fellow fund manager Northern Trust, which has made similar moves in Singapore.
Retrieved from: https://www.ledgerinsights.com/trillion-asset-manager-schroders-creates-digital-assets-hub-in-singapore/
