Digital Asset has completed a collaborative initiative with 27 market participants to tokenise gilts, eurobonds, and gold.

Euroclear, the World Gold Council, and Clifford Chance were among a group of pilot participants, including investors, banks, central counterparties (CCPs), and custodians.

The aim was to demonstrate how tokenised assets on a blockchain can enhance collateral mobility, improve liquidity, and increase transactional efficiency.