📍 Italian Central Bank Selects Polygon to Test DeFi and RWA

➡️ The Central Bank of #Italy 's Innovation Hub has selected Polygon Labs and Fireblocks to assist financial institutions in exploring DeFi and tokenized assets (Real World Asset).

➡️ The Hub aims to support the development of the DeFi ecosystem for traditional institutions over six months. The platform will enable secure and regulatory compliant transactions using DeFi and security tokens.

➡️ This initiative coincides with global central banks' pursuit of #CBDC development, while tokenizing Real World Assets remains a prominent trend in the crypto space, with traditional financial institutions and digital asset companies bringing conventional instruments like bonds and stocks to the blockchain.

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