The initiative created digital versions of gilts, eurobonds and gold on the Canton Network to test complex financial transactions on blockchain rails.
- 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, Digital Asset's Kelly Mathieson said.
- Tokenized gold allowed the precious metal to be used more freely as collateral without traditional limitations like storage, a World Gold Council executive noted.
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