Call for Collaboration in Australia's Financial Markets
SYDNEY — Imperium Markets has called for immediate action following a report from the Digital Finance Cooperative Research Centre (DFCRC) that highlights a $24 billion annual opportunity for Australia. The report, released on March 3, 2026, suggests that upgrading financial market technology could unlock these benefits.
According to Imperium Markets Chairman Rod Lewis, the tokenisation of wholesale money and bond markets is essential to prevent Australia from lagging behind. ‘For years we have been saying there are immense efficiencies to be gained from tokenising the financial markets that fund the Australian economy,’ Mr. Lewis stated.
Research Findings and Industry Context
The DFCRC report emphasizes the potential of digital finance innovation to transform Australia’s financial sector, urging stakeholders to act swiftly. Mr. Lewis pointed out that necessary steps can be initiated without regulatory changes, urging banks to leverage existing payment systems for tokenisation.
Imperium Markets participated as the sole market operator in the RBA and DFCRC’s Project Acacia, demonstrating the feasibility of tokenising assets in various financial instruments. Collaboration with asset managers was key to the project’s success, according to Lewis.
The announcement comes amid a global shift towards digital finance, as financial markets worldwide are increasingly exploring blockchain and tokenisation technologies. This trend highlights the urgent need for Australian financial entities to adopt similar innovations.
Mr. Lewis anticipates the release of the Project Acacia white paper by the RBA and DFCRC in April, which he expects will address current market challenges and highlight the benefits of financial market tokenisation. He noted that the white paper will likely provide crucial insights into the implementation of these technologies and their expected impact on the financial sector, helping to guide future strategies.
Source: newshub.medianet.com.au
