Euroclear and Digital Asset launch tokenised collateral mobility initiative
25 February 2025 Belgium
Image: Picture_Office/stock.adobe.com
Digital Asset has launched the first phase of the tokenised collateral mobility initiative for the Global Collateral Network (GCN).
This first phase, conducted with a consultancy firm, aims to define how Euroclear’s decades of collateral management expertise could be applied to the growing digital and crypto markets using the Canton Network.
Kelly Mathieson, chief business development officer at Digital Asset, comments: “The GCN has the potential to revolutionise collateral management by enabling real-time, compliant, and interoperable asset mobility across both traditional finance and digital markets.
“This is a significant step toward unlocking the full potential of tokenisation across new crypto capital markets.”
The Canton Network is a blockchain designed with the configurable privacy, scalability, and interoperability required for systemically important financial markets.
The project’s goal is to facilitate a regulated exchange of digital assets and cash as collateral.
Euroclear and Digital Asset are observing a growing market interest in robust on-chain collateral and margin management solutions, with financial institutions seeking efficient ways to trade and mobilise their assets to meet capital obligations across global markets.
In phase one, industry participants will explore how tokenised collateral mobility could enhance efficiency across global markets, as well as how crypto derivatives collateral and margin management services could meet the interest of 24/7 trading and settlement.
This first phase, conducted with a consultancy firm, aims to define how Euroclear’s decades of collateral management expertise could be applied to the growing digital and crypto markets using the Canton Network.
Kelly Mathieson, chief business development officer at Digital Asset, comments: “The GCN has the potential to revolutionise collateral management by enabling real-time, compliant, and interoperable asset mobility across both traditional finance and digital markets.
“This is a significant step toward unlocking the full potential of tokenisation across new crypto capital markets.”
The Canton Network is a blockchain designed with the configurable privacy, scalability, and interoperability required for systemically important financial markets.
The project’s goal is to facilitate a regulated exchange of digital assets and cash as collateral.
Euroclear and Digital Asset are observing a growing market interest in robust on-chain collateral and margin management solutions, with financial institutions seeking efficient ways to trade and mobilise their assets to meet capital obligations across global markets.
In phase one, industry participants will explore how tokenised collateral mobility could enhance efficiency across global markets, as well as how crypto derivatives collateral and margin management services could meet the interest of 24/7 trading and settlement.
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