[DTCC and Digital Asset complete pilot project of tokenization of U.S. Treasury bonds to improve settlement efficiency] Golden Finance reported that Digital Asset, a blockchain solution provider, and the Depository Trust & Clearing Corporation (DTCC) of the United States recently completed a pilot project of tokenization of U.S. Treasury bond collateral on the Canton network. The project involved 26 market participants and completed 100 transactions, aiming to improve settlement speed, protect privacy and comply with legal requirements. In the pilot, participants converted U.S. Treasury bonds (UST) into "digital twin" tokens and applied them to multiple scenarios, including trading, collateralization and default processing. The system can complete asset transfers instantly when a margin call occurs, and all transaction processes can be tracked and audited. Even in the event of an investor default, the relevant parties can quickly transfer assets in accordance with the law to ensure transaction security. This project demonstrates the technical advantages of the Canton network, especially innovations in transaction privacy and legal compliance, and promotes the application of tokenized assets in the financial market.