Digital Asset, a digital asset company, announced that it has completed a pilot project to tokenize UK gilts, Eurobonds and gold for financial transactions through the Canton Network protocol. The project was participated by institutions such as Euroclear, the World Gold Council and Clifford Chance. The pilot demonstrated that tokenized assets can instantly meet intraday margin needs, breaking the limitations of traditional settlement cycles and time zones, and improving transaction transparency and efficiency. Mike Oswin, head of global market innovation at the World Gold Council, also mentioned that tokenized gold breaks through storage restrictions, allowing precious metals to be used more freely as collateral assets in financial transactions. (CoinDesk)