Wisr launches tokenised asset-backed security pilot under Project Acacia
The news: ASX-listed ‘neo-lender’ Wisr will pilot the structuring and issuance of a tokenised real-world asset-backed security (ABS) that mirrors the $250 million Wisr Freedom Trust as a part of a consortium initiative under the Reserve Bank of Australia’s Project Acacia.
The numbers: At 10:01am AEDT, shares in small-cap Wisr had lifted 3.1% to 3.3 cents.
The context: The Smart ABS Pilot use case was developed by fintech NotCentralised as the lead entity under the RBA and the Digital Finance CRC’s Project Acacia.
The other companies involved in the pilot use case include real-world asset tokenisation business Redbelly Network and global investor services giant IQ-EQ loan servicing subsidiary 'AMAL, part of IQ-EQ'.
First results for the pilot use case are expected in Q1 2026.
What they said: “Tokenisation can improve the transparency, liquidity, and efficiency of capital markets. Wisr is excited to be part of this pilot as we work with our project partners to build and deploy a digital twin of our recently closed $250 million Freedom Trust,” Wisr CEO Andrew Goodwin said.
“We’re showcasing how digital infrastructure can directly strengthen institutional finance and open the opportunity of increased benefits to our customers, shareholders and funders.”
The source: ASX