Tokenization news: Canton advances cross-border repo to free up $300 trillion assets

Crypto Economy

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Key points of the news: Canton completed the first cross-border intraday repo with tokenized gilts, the operation involves DTCC, Euroclear and other major firms. The operation included the first exchange of tokenized gilts for deposits in a currency other than the pound sterling, the conditions were integrated into smart contracts. Digital Asset estimates that only 10% of the $300 billion in global liquid assets is used as collateral today, and …