Today Digital Asset announced the latest tokenization pilots of its DLT-based Canton Network involving Euroclear, the World Gold Council and 27 market participants. The goal was to create digital twins of gold, British gilts and Eurobonds, to enable them to be used as collateral. Plus, they aimed to demonstrate enhanced liquidity and efficiencies.
The Canton Network provides interoperability between separate DLT networks that have deployed Digital Asset’s technology.