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🏦 Lloyds Bank executes UK's first tokenized deposit gilt purchase

Lloyds Bank, in collaboration with Archax and the Canton Network, has completed the United Kingdom's inaugural purchase of a government bond (gilt) using tokenized deposits. The transaction was facilitated on a distributed ledger platform, according to CoinDesk.

🏦 Lloyds Bank executes UK's first tokenized deposit gilt purchase.

Lloyds Bank, in collaboration with Archax and the Canton Network, has completed the United Kingdom's inaugural purchase of a government bond (gilt) using tokenized deposits. The transaction was facilitated on a distributed ledger platform, according to CoinDesk.