The project is a collaborative initiative to evaluate how tokenisation and distributed ledger technology can improve bond issuance and settlement in a real-world setting
The product launch is aimed at addressing institutional investors’ desire to have unified access to trade, finance, and risk management tools for gold exposure
The issuance of the existing money market fund was conducted as a one-off test, in which the firm was able to test new end-to-end processes, including issuance, transfer agency, tokenisation, and public-blockchain connectivity
The integration, curated by kpk, will enable any asset issued by the Digital Securities Protocol to be supported and used as collateral in risk-isolated markets on Euler
HSBC has been appointed as the platform provider for DIGIT, which was initially announced by Chancellor Rachel Reeves in November 2024, with Ashurst set to provide legal services for the digital pilot