PANews July 10 news, according to Bloomberg, the Reserve Bank of Australia has announced the list of institutions participating in the 'Project Acacia' tokenized asset settlement research project. This project is jointly initiated by the Reserve Bank of Australia and the Digital Finance Cooperative Research Centre, aiming to explore how digital currency innovation can support the development of Australia's wholesale tokenized asset market. A total of 24 institutions have been selected to participate in the testing, including major banks and fintech companies such as ANZ and Commonwealth Bank. The test assets cover various categories including fixed income, private markets, accounts receivable, and carbon credits, and will evaluate settlement solutions such as stablecoins, bank deposit tokens, and wholesale central bank digital currencies. The testing will last for six months, with the final report to be released in the first quarter of 2026. RBA Assistant Governor Brad Jones stated that this project is an important initiative to ensure that Australia's payment system adapts to the digital age.