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

Author: Content Editor
Digital Asset, a real-world asset tokenization company, has successfully completed a pilot initiative to tokenize U.K. bonds, Eurobonds, and gold for financial transactions using the Canton Network protocol. The project demonstrated the ability of tokenized assets to meet intraday margin calls instantaneously, providing faster transfers, greater transparency, and around-the-clock settlement. Major players such as Euroclear, the World Gold Council, and Clifford Chance participated in the pilot. Tokenization involves converting real-world assets into digital tokens on blockchain, allowing for easier and quicker trading while preserving the underlying asset's value.

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