The Bank of Italy will support Cetif Advisory in the development of institutional participation in DeFi and tokenized assets

ChainCatcher news, according to Cointelegraph, the Bank of Italy's innovation hub will support a project developed by Cetif Advisory, which aims to study the ecosystem of security tokens in institutional DeFi, supported by Polygon and Fireblocks.

It is reported that the project will strive to enable institutional market participants to operate in DeFi while complying with regulatory requirements. It will further develop Cetif Advisory's Lionity platform, described as an "institutional-grade AMM." (source link)