Euroclear and Digital Asset launch tokenised collateral initiative

Euroclear and Digital Asset have launched a tokenised collateral mobility initiative on the Canton Global Collateral Network (GCN), aiming to integrate digital assets into global collateral management and enhance efficiency in on-chain trading and settlement.

The initiative by blockchain provider Digital Asset and Euroclear, the financial industry’s provider of post-trade services,  aims to leverage Euroclear’s post-trade expertise to integrate digital assets into global collateral management, defining how tokenised assets can be efficiently used to meet the growing demand for on-chain collateral and margin management solutions.

The Canton Network, a blockchain designed for privacy, scalability, and interoperability, serves as the foundation for enabling seamless and regulated exchange of digital assets and cash as collateral. As financial institutions seek more efficient ways to trade and mobilise their assets while meeting capital obligations, Euroclear and Digital Asset see increasing market interest in robust digital collateral solutions.