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Australian Bond Exchange Holdings Ltd. ( (AU:ABE) ) has provided an announcement.
Australian Bond Exchange Holdings Ltd has been selected as a lead participant in ‘Project Arcadia’, a joint initiative by the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre. This project aims to explore the integration of digital money innovations into the Australian wholesale tokenised asset markets. ABE will collaborate with market leaders to pilot the atomic settlement of tokenised bonds using central bank digital currencies, stablecoins, and deposit tokens. The initiative seeks to demonstrate the benefits of combining digital money forms to enhance efficiency, reduce risks, and improve financial market operations, potentially reshaping the industry landscape.
More about Australian Bond Exchange Holdings Ltd.
Australian Bond Exchange Holdings (ASX: ABE) is a financial services company in Australia that leverages proprietary technology to offer investors direct access to fixed income assets both domestically and internationally. The company emphasizes transparency, efficiency, and lower costs, providing a platform for private investors, financial advisers, and investment professionals to access global financial markets with advanced AI-driven product governance.
Average Trading Volume: 104,634
Technical Sentiment Signal: Sell
Current Market Cap: A$3.72M
For an in-depth examination of ABE stock, go to TipRanks’ Overview page.