According to @CoinMarketCap, Singapore’s central bank will pilot issuing tokenized MAS Bills to primary dealers with settlement in a central bank digital currency, and the managing director stated tokenization has moved out of the lab into the real world, source: CoinMarketCap tweet, Nov 13, 2025. MAS Bills are short-term Singapore-dollar securities issued by the Monetary Authority of Singapore for money market operations, positioning them as a core real-world asset for tokenization, source: Monetary Authority of Singapore website on MAS Bills. MAS has previously conducted tokenization pilots under Project Guardian with financial institutions to test on-chain asset issuance and settlement, providing foundational rails for this trial, source: Monetary Authority of Singapore Project Guardian publications. For traders, this CBDC-settled government bill pilot in a major Asian hub is a concrete catalyst to track for RWA tokenization narratives and regulated DeFi infrastructure during Asia trading hours, source: CoinMarketCap tweet; Monetary Authority of Singapore announcements.

According to @AltcoinDaily, a former BlackRock executive said Ethereum is the infrastructure for Wall Street, highlighting Ethereum’s growing role in institutional finance. Source: @AltcoinDaily on X, 2025-11-11. This claim aligns with concrete adoption: BlackRock launched the BlackRock USD Institutional Digital Liquidity Fund (BUIDL) on Ethereum in March 2024, using Ethereum rails for tokenized cash management. Source: BlackRock press release, 2024-03-20. U.S. spot Ethereum ETFs were approved in 2024 and launched without staking features, confirming regulated access to ETH exposure while keeping on-chain staking separate from ETF flows. Source: U.S. SEC 19b-4 approval orders, 2024-05-23; issuer S-1 filings, 2024-07. Global banks and regulators have piloted tokenized assets on public chains under MAS Project Guardian, including JPMorgan’s DeFi repo trial on public blockchain rails tied to Ethereum’s ecosystem, signaling settlement use cases institutions are testing. Source: Monetary Authority of Singapore Project Guardian updates, 2022-11 and 2023-10.