A group of global financial companies, including the London Stock Exchange Group (LSEG), Euroclear, and Citadel Securities, completed the first cross-border intraday repurchase agreement using tokenized UK government bonds on the Canton Network blockchain. This transaction involved the $2 trillion UK bond market and was also the first cross-currency trade conducted with tokenized deposits. The move aims to break through the limitations of traditional market trading hours and settlement cycles, unlocking a larger share of the approximately $300 trillion in global assets for real-time collateral trading.

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