Summary of Tokenization Allows More Efficient Collateral Transfers, Digital Asset, Euroclear and World Gold Council Found in Pilot Project
Summary of Tokenization Allows More Efficient Collateral Transfers, Digital Asset, Euroclear and World Gold Council Found in Pilot Project
The source article:
Digital Asset, a real-world asset tokenization company, has completed a pilot initiative to tokenize UK bonds (gilts), Eurobonds, and gold for financial transactions using the Canton Network protocol. The project demonstrated that tokenized assets could be used to meet intraday margin calls instantaneously, regardless of traditional settlement cycles, processing times, and time zones.
The source article:
quoting nevent1q…atjkTokenization Allows More Efficient Collateral Transfers, Digital Asset, Euroclear and World Gold Council Found in Pilot Project
https://www.coindesk.com/business/2024/10/02/tokenization-allows-more-efficient-collateral-transfers-digital-asset-euroclear-and-world-gold-council-found-in-pilot-project/?utm_medium=referral&utm_source=rss&utm_campaign=headlines
Digital Asset, a real-world asset tokenization company, has completed a pilot initiative to tokenize UK bonds (gilts), Eurobonds, and gold for financial transactions using the Canton Network protocol. The project demonstrated that tokenized assets could be used to meet intraday margin calls instantaneously, regardless of traditional settlement cycles, processing times, and time zones.