RBA endorses RWA tokenization as Project Acacia estimates A$24B annual uplift

The Reserve Bank of Australia has signaled support for real-world asset tokenization after Project Acacia findings suggested it could add 24 billion Australian dollars ($16.7 billion) a year to the economy. Assistant Governor Brad Jones said the focus is shifting from whether tokenization will play a role to how it should be implemented, including work on a new DFMI sandbox. He also highlighted interest in linking wholesale CBDC activity with deposit tokens, stablecoins and the RITS payments system.