The UK and Singapore deepen digital financial cooperation, focusing on AI and asset tokenization.

According to Jinse Finance and reported by Decrypt, officials from the UK and Singapore held the 10th UK-Singapore Financial Dialogue in London this week, reaching multiple cooperation consensuses in the field of digital finance. Both sides agreed to continue advancing the Project Guardian initiative, which aims to test the practical application potential of tokenized financial assets. The next phase will involve closer collaboration with industry groups such as the UK Investment Association and the Singapore Investment Management Association. The talks also involved the Global Layer One plan, which aims to create a shared ledger system to reduce the technical and regulatory barriers to cross-border tokenization of assets.