Founder Rethink Ledgers - Rethink AI / Co-Founder & CTO Tydei Health / Founder Digital Asset Innovation Council / Founder AI Innovation Council
?? #Digital #Asset and #DTTC #Alert ?? New York – September 23, 2024?- Digital Asset, a leading provider of blockchain solutions, in collaboration with The The Depository Trust & Clearing Corporation (DTCC) Trust & Clearing Corporation (DTCC), today announced the results of the U.S. Treasury (UST) Collateral Network Pilot, an initiative focused on leveraging DLT applications to support market connectivity across the collateral management lifecycle to enhance mobility, liquidity and transactional efficiency of tokenized assets. According to Kelly Mathieson : “In addition to the liquidity and operational efficiencies gained, the pilot demonstrates how tokenized collateral can improve market transparency, legal certainty of ownership in seizure/close out scenarios, and significant real-world benefits, including faster collateralization and enhanced regulatory oversight.” From a DTTC perspective, Nadine Chakar confirmed "This pilot successfully demonstrated the power of tokenization – and its potential to enhance collateral mobility and unlock liquidity," More information can be found here -> https://lnkd.in/eJ_rkdN5 Congrats to the Canton Network, Digital Asset and Daml Teams, Yuval Rooz, Kelly Mathieson, Nadine Chakar on this successful pilot. cc: Gregory Stone, Bruno Baptista, Bradley Heather, Maha Al-Saadi, Ryan Browning, Arijit Das, Susan Hauser, Robert Mitchnick, Michael London, Brendan Winkler, CAIA, Marcelo Fleitas, Shayna Lyandvert, Nick A. Schwartz, John Kikko, CFA, Jacqueline Kwok, Sankar Krishnan