A pilot project by Digital Asset, Euroclear, and the World Gold Council demonstrated that tokenizing assets like U.K. bonds, Eurobonds, and gold significantly improves the efficiency of financial transactions.
Using the Canton Network protocol, the project showed that tokenized assets allow for immediate intraday margin calls and near-instant settlements, bypassing traditional delays tied to settlement cycles and time zones.
Tokenized gold, in particular, was converted into "Standard Gold Units" (SGU), removing storage limitations and enabling its use as collateral in a more fluid manner. This initiative highlights the potential for real-world asset tokenization, with forecasts suggesting up to $10 trillion in tokenized assets by the end of the decade.
The success of the project reinforces the role of tokenization in modernizing financial systems and enhancing transparency in asset transfers.