Italian Central Bank Backs DeFi Tokenization
The DeFi tokenization initiative developed by Cetif Advisory will now be supported by The Milano Hub, an innovation site established by the Bank of Italy.
The project’s goal is to undertake research on a security token ecosystem for institutional decentralised finance (DeFi), and while it has no commercialization goals, it can help with the scope of security token analysis on secondary markets.
This research study will be particularly beneficial to institutional market participants that want to operate in a DeFi environment while remaining compliant.
Furthermore, Cetif Advisory’s Lionity technology, which has been described as an institutional-grade automated market maker, will also be further developed.
(With inputs from Shikha Singh)
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