Australia and New Zealand Bank (ANZ) has announced a partnership with Chainlink Labs to connect Avalanche and the Ethereum blockchain using its Cross-Chain Interoperability Protocol (CCIP) to enable the global flow and settlement of tokenized assets. ANZ currently provides banking products and services to more than 8.5 million retail and institutional customers in nearly 30 markets. To explore the possibilities of on-chain digital assets, ANZ leveraged Chainlink's blockchain interoperability solution, the Cross-Chain Interoperability Protocol, to demonstrate how customers can access, trade, and seamlessly settle tokenized assets and payments (DvP) across networks in different currencies in a process called delivery.

The European Central Bank (ECB) is inviting financial market stakeholders to express interest in participating in trials of new technologies for the central bank's wholesale settlement of money, according to Golden Finance. Practical exploratory work includes a central bank money (CeBM) settlement trial and a simulated settlement trial in a test environment. The trial will take place on three central bank platforms provided by Deutsche Bundesbank, Bank of Italy, and Banque de France, covering the delivery of euro-denominated DLT-based digital assets in CeBM for payment to payment (DVP), as well as various operations related to securities lifecycle management.

Liu Yifei, acting head of sustainability strategy of Bank of China (Hong Kong), said in his keynote speech at the forum that to achieve true sustainable development, it must be driven by technology, and as a bank, the application of financial technology to support sustainable development mainly covers the three major elements of the ABC, namely artificial intelligence (AI), blockchain and cloud computing. Liu Yifei pointed out that the application of blockchain in green finance has many benefits. On the one hand, the data on the blockchain cannot be tampered with and is transparent to all participants, which can reduce the problem of information asymmetry of green products, and secondly, it can improve the transaction efficiency, taking the tokenized green bonds launched by the government as an example, due to the use of blockchain solutions instead of the traditional DvP settlement model, the settlement time has been reduced from the original T+5 to one day.

Crédit Agricole Italia plans to launch a bond tokenization platform, which the bank hopes to offer to qualified investors as part of its wealth management division, Golden Finance reported. In May of this year, the bank partnered with blockchain startup BlockInvest to develop a tokenized bond solution, focusing on mini-bonds for small and medium-sized enterprises. Currently, Credit Agricole and BlockInvest plan to develop a bond solution after the trial, aiming at to go into production sometime. The first phase of the new project is to co-design the process and assess the regulatory impact of the function. Afterwards, it will seek to grow existing BlockInvest projects with additional features. This will include the use of on-chain digital cash, automated delivery and payment (DvP), and on-chain identity solutions to ensure platform compliance and investor recognition.