Tokenization
The latest asset tokenization pilot conducted by the Depository Trust & Clearing Corporation (DTCC) has demonstrated “significant” improvements in liquidity and collateral optimization. This project, focused on the tokenization of US Treasury bonds, used the Canton network, highlighting the potential of distributed networks to handle complex real-world transactions, such as cloning and liquidation of digital assets.
The initiative involved several actors in the financial system, including investors, banks and custodians, who participated in the testing of 10 use cases. According to Kelly Mathieson of Digital Asset, the results confirm that tokenized assets could improve collateral management and liquidity optimization in critical situations such as real-time margin calls.
DTCC's Nadine Chakar highlighted that the system not only optimized the flow of assets, but also provided greater legal certainty and control in hypothetical default scenarios, reinforcing the use of blockchain technology in financial markets.
This project is part of DTCC's ongoing efforts, which has been experimenting with blockchain since 2020 through its Project Ion initiative, with the aim of exploring alternative settlement methods.
