The Reserve Bank of Australia has announced industry participants who will participate in the tokenized asset settlement research project

According to Bloomberg, the Reserve Bank of Australia has announced the list of participating institutions in the "Project Acacia" tokenized asset settlement research project. This project is jointly initiated by the Reserve Bank of Australia and the Digital Finance Collaborative Research Center, aiming to explore how digital currency innovation can support the development of the wholesale tokenized asset market in Australia. 24 institutions were selected to participate in the test, including major banks such as ANZ Bank and Commonwealth Bank, as well as fintech companies. The test assets cover various categories such as fixed income, private markets, accounts receivable, and carbon credits, and will evaluate settlement solutions such as stablecoins, bank deposit tokens, and wholesale central bank digital currencies. The testing will last for 6 months, and the final report will be released in the first quarter of 2026. Assistant Governor of the Reserve Bank of Australia, Brad Jones, stated that this project is an important measure to ensure that the Australian payment system adapts to the digital age.