The Bank of Italy’s Milano Hub innovation center is set to offer support to a project developed by Cetif Advisory, aimed at researching a security token ecosystem for institutional decentralized finance (DeFi). This project does not have any commercialization objectives; instead,...
This project does not have any commercialization objectives; instead, it seeks to expand the analysis of security tokens on secondary markets.
The primary goal of the project is to enable institutional market participants to engage in DeFi activities while adhering to regulatory guidelines.
Additionally, it will further enhance Cetif Advisory’s Lionity platform, described as an “institutional grade automated market maker.”
Out of numerous proposals, the Cetif Advisory project was selected during the second call for submissions at the Milano Hub. Among the various fintech projects considered, seven were approved for support.
The report indicates that private equity and venture capital sectors are likely to lead in tokenization, followed by real estate.
It is worth noting that security tokens are digital representations of real-world asset ownership.