**News Flash: Digital Asset's Canton Network Tokenizes Gold and Bonds**

Digital Asset has successfully completed a major pilot project on its Canton Network, showcasing the power of tokenization. Collaborating with Euroclear, the World Gold Council, and Clifford Chance, the project focused on tokenizing gold and bonds, including Eurobonds and gilts.

Key Highlights:

- 27 market participants, including 11 observers, engaged in over 500 real-time atomic transactions.

- The project demonstrated significant potential savings, estimating a 35-65% reduction across the settlement value chain.

- Tokenization could unlock new revenue opportunities by mobilizing high-quality assets more efficiently.

The Canton Network, launched in May 2023, continues to innovate, with future plans to develop a production solution based on this successful pilot.