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Tokenisation could inject $24bn annually: Project Acacia

Project Acacia, the brainchild of the RBA and DFCRC to explore a tokenised wholesale asset ecosystem in Australia, has completed its experimental and research phase, which has the potential to deliver $24 billion in annual economic gains while fostering stronger public-private collaborations, the entities said.

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Read more: Project AcaciaDFCRCReserve Bank of AustraliaCoinbase AustraliaJohn O'LoghlenAUDDEffie DimitropoulosBrad JonesPaul StonhamTālis PutniņšBTC MarketsDigital Finance Cooperative Research CentreFederal ParliamentTreasury