Wall Street Goes Crypto? New York Fed and BIS Launch 'Project Pine' for Tokenized Finance
The New York Fed and BIS launch Project Pine to explore blockchain-based tokenized markets. Is this the beginning of a financial revolution?
In a major move signaling deeper institutional interest in blockchain, the New York Federal Reserve and the Bank for International Settlements (BIS) have announced the launch of Project Pine — a collaborative experiment focused on the future of tokenized financial markets.
The project aims to explore how tokenized assets and smart contracts can improve settlement speed, transparency, and market efficiency in traditional finance. It’s part of a growing trend where central banks and major institutions are looking to integrate blockchain technology into mainstream economic infrastructure.
While still in its pilot phase, Project Pine sends a strong signal: tokenization is no longer a crypto fantasy — it's a Wall Street priority.
Will tokenized finance become the new norm? Let us know what you think and follow Trafy.io for the latest updates in the future of money and markets.
