Lloyds Banking Group completes UK’s first gilt purchase using tokenized deposits
British lender Lloyds Banking Group is claiming bragging rights for completing the first U.K. gilt purchase using tokenized deposits, or blockchain representations of fiat currency bank deposits. Lloyds, the third-largest bank in the country by market capitalization, said it enlisted the help of crypto trading platform Archax and the privacy-focused Canton Network to buy the...
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