Moody’s Corporation (NYSE:MCO) today announced its involvement in the fixed income workstream of the Monetary Authority of Singapore’s (MAS) Project Guardian, a collaborative initiative between the public and private sectors launched in 2022 to enhance liquidity and efficiency of financial markets through asset tokenization while managing risks to financial stability and integrity.

“Moody’s is entering a new era of brand identity, innovation, and collaboration, and we’re proud to be part of this project at the forefront of asset tokenization,” said Wendy Cheong, Managing Director and Regional Head of Asia-Pacific for Moody’s Ratings. “Our participation in Project Guardian reflects our commitment to innovation, transparency, and risk analysis in financial markets.”

Under Project Guardian’s fixed income workstream, Moody’s plans to provide risk analysis for tokenized fixed income products. This may involve fixed-income securities, fund units, stablecoins, tokenized deposits, and other components of the digital finance ecosystem. Moody’s independent risk assessment is intended to enhance market transparency, reduce systemic risks, and facilitate the growth of the tokenization industry.

“Project Guardian is a testament to the power of transparency in the financial industry and as we join other leaders in this initiative, we are excited about the potential of tokenization to transform the financial landscape,” said Fabian Astic, Managing Director and Global Head, Digital Economy, Moody’s Ratings. “At Moody’s, we are committed to paving the way for these advancements and contributing to a more efficient and transparent market.”

About Moody's Corporation

In a world shaped by increasingly interconnected risks, Moody’s (NYSE: MCO) data, insights, and innovative technologies help customers develop a holistic view of their world and unlock opportunities. With a rich history of experience in global markets and a diverse workforce of approximately 15,000 across more than 40 countries, Moody’s gives customers the comprehensive perspective needed to act with confidence and thrive. Learn more at moodys.com.

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These factors, risks and uncertainties as well as other risks and uncertainties that could cause Moody’s actual results to differ materially from those contemplated, expressed, projected, anticipated or implied in the forward-looking statements are described in greater detail under “Risk Factors” in Part I, Item 1A of Moody’s annual report on Form 10-K for the year ended December 31, 2023, and in other filings made by the Company from time to time with the SEC or in materials incorporated herein or therein. Stockholders and investors are cautioned that the occurrence of any of these factors, risks and uncertainties may cause the Company’s actual results to differ materially from those contemplated, expressed, projected, anticipated or implied in the forward-looking statements, which could have a material and adverse effect on the Company’s business, results of operations and financial condition. New factors may emerge from time to time, and it is not possible for the Company to predict new factors, nor can the Company assess the potential effect of any new factors on it. Forward-looking and other statements in this document may also address our corporate responsibility progress, plans, and goals (including sustainability and environmental matters), and the inclusion of such statements is not an indication that these contents are necessarily material to investors or required to be disclosed in the Company’s filings with the Securities and Exchange Commission. In addition, historical, current, and forward-looking sustainability-related statements may be based on standards for measuring progress that are still developing, internal controls and processes that continue to evolve, and assumptions that are subject to change in the future.

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