Tradeweb executes real-time tokenized US Treasury transaction on Canton Network
CoinTelegraph·
60-second summary
Tradeweb executes the first real-time tokenized US Treasury transaction on the Canton Network, settling against USDCx. Franklin Templeton transfers a tokenized US Treasury to Virtu Financial, marking a significant milestone in tokenized securities trading. This breakthrough enables faster, more efficient transactions, potentially disrupting traditional bond markets and paving the way for increased adoption of digital assets in fixed income trading.
Franklin Templeton transferred a tokenized US Treasury to Virtu Financial in what Tradeweb said was the first real-time transaction settled against USDCx.