🚀 **Gold Goes Digital! Tokenization Takes Center Stage** 🚀
Digital Asset just wrapped up a blockbuster pilot on its Canton Network, teaming up with Euroclear, the World Gold Council, and Clifford Chance. The mission? Tokenizing gold and bonds, including Eurobonds and gilts. 💰
- **27 market participants** (11 observers) joined the Canton testnet.
- Over **500 real-time atomic transactions** were completed.
- Tokenization could save **35-65%** in settlement costs, potentially slashing $4.1 billion from settlement failures!
Gold's typically tricky to use as collateral, but tokenization is changing the game. Imagine mobilizing $230 trillion in marketable securities more efficiently!
💬 What do you think? Could tokenized gold become the new norm? Drop your thoughts below!