---
title: Tokenization Allows More Efficient Collateral Transfers, Digital Asset, Euroclear and World Gold Council Found in Pilot Project
description: The initiative created digital versions of gilts, eurobonds and gold on the Canton Network to test complex financial transactions on blockchain rails.
---

[Canton Network News ](https://www.canton.network/news)

# [Tokenization Allows More Efficient Collateral Transfers, Digital Asset, Euroclear and World Gold Council Found in Pilot Project](https://www.canton.network/news/tokenization-allows-more-efficient-collateral-transfers-digital-asset-euroclear-and-world-gold-council-found-in-pilot-project)

 Written by [Canton](https://www.canton.network/news/author/canton) | Oct 2, 2024 4:00:00 AM

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.

 

 

[View full post](https://www.canton.network/news/tokenization-allows-more-efficient-collateral-transfers-digital-asset-euroclear-and-world-gold-council-found-in-pilot-project)

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