Canton promotes cross-border repos to free up $300 trillion in assets
A group of global financial firms completed the first cross-border intraday repurchase agreement using tokenized UK government bonds on the Canton Network, a blockchain designed for institutions. The transaction marks the first time digital versions of gilts, a $2-trillion market, have been used in a cross-border intraday repo, according to a release shared with CoinDesk. […]
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