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Hedera Powers UK’s First Tokenized Collateral FX Trades, and Treasury Takes Note

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2 outlets - including Coin-turk and Livebitcoinnews - are covering this story. 🚨 UK's first tokenized collateral FX trades go live with Lloyds, Aberdeen, Archax, and Hedera. 📈 Digital money market funds and gilts were used as collateral for interbank FX trades. 🏦 HM Treasury recognized the pilot as a major advance…

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Hedera enables UK’s first tokenized collateral FX trades with Lloyds, Aberdeen and Archax
CoinTurk News Jul 15, 07:03 UTC

Hedera enables UK’s first tokenized collateral FX trades with Lloyds, Aberdeen and Archax

🚨 UK's first tokenized collateral FX trades go live with Lloyds, Aberdeen, Archax, and Hedera. 📈 Digital money market funds and gilts were used as collateral for interbank FX trades. 🏦 HM Treasury recognized the pilot as a major advance…

Live Bitcoin News Jul 15, 06:45 UTC

Hedera Powers UK’s First Tokenized Collateral FX Trades, and Treasury Takes Note

Hedera powers UK FX trades using tokenized money market funds and UK gilts as collateral with Lloyds, Aberdeen and Archax Onchain. Lloyds Banking Group, Aberdeen Investments, and Archax completed the UK’s first FX trades using tokenized RWA…