Tokenization Allows More Efficient Collateral Transfers, Digital Asset, Euroclear and World Gold Council Found in Pilot Project

author by Canton October 2, 2024

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Real-world asset tokenization company Digital Asset said Tuesday that it completed a pilot initiative to tokenize U.K. bonds (gilts), Eurobonds, and gold for financial transactions using the Canton Network protocol.

Major securities settlement provider Euroclear, the World Gold Council and global law firm Clifford Chance also participated in the process, alongside with other banks, investors, custodians and a central securities depository.