Source: Coindesk.com
The project demonstrated that tokenized assets could be used to meet intraday margin calls instantaneously, regardless of traditional settlement cycles, processing times and time zones, Digital Asset's Kelly Mathieson said. Tokenized gold allowed the precious metal to be used more freely as collateral without traditional limitations like storage, a World Gold Council executive noted.
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The post "Tokenization Allows More Efficient Collateral Transfers, Digital Asset, Euroclear and World Gold Council Found in Pilot Project" appeared first here Coindesk.com.
Source: Coindesk.com
