“We recognise the immense value in industry experimentation to showcase the advantages of DLT for the market. As we strive to deliver even better and faster collateral mobilisation for our clients, digital technologies like DLT will be key enablers for us to achieve this.”

Olivier Grimonpont
Head of Product Management, Market Liquidity, Euroclear

“This signals another step forward in the development and adoption of tokenized assets in collateral management, creating a more mobile operating model across different parties.”

Kelly Mathieson
Chief Business Development Officer at Digital Asset

“By digitising gold, we can overcome the perceived restrictions on moving and storing the physical metal, enabling this high-quality asset to be mobilized and used seamlessly within financial markets.”

Mike Oswin
Global Head of Market Structure and Innovation at the World Gold Council

“With certain approaches and platforms, a digital twin is not a separate asset and so the impact for master agreements, trading relationships, close-out processes, and valuation approaches are minimized, but it is always important to ensure the digital twin is catered for and reflected into existing product and platform documentation. As an operational and record-keeping tool rather than an asset, some of the legal and regulatory issues can be reduced while avoiding extensive surgery or a wholesale reset of established product and asset documentation.”

Paul Landless
Partner, Co-Head of Fintech, Clifford Chance