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Lloyds and Aberdeen use tokenized assets for FX collateral in UK first

Lloyds Banking Group and Aberdeen Investments have completed the UK’s first FX trades collateralized with tokenized real-world assets, in a blockchain pilot with Archax. Lloyds Banking Group and Aberdeen Investments have teamed up with UK-regulated crypto exchange Archax to pilot FX trades using tokenized real-world assets as collateral, Bloomberg reported on Monday. In a first … Read more

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