Digital Asset and Euroclear have launched the first phase of their tokenised collateral mobility initiative for the Canton Global Collateral Network (GCN). This initial phase aims to explore how Euroclear’s expertise in collateral management can be applied to digital and crypto markets using the Canton Network, a blockchain designed for privacy, scalability, and interoperability in systemically important financial markets.
With increasing demand for on-chain collateral and margin management solutions, financial institutions seek efficient ways to mobilise assets while ensuring compliance with privacy and control requirements. The initiative will involve industry participants to define a strategic roadmap, focusing on the benefits of tokenised collateral mobility and the role of crypto derivatives in 24/7 trading and settlement.
Marije Verhelst, Head of Product Strategy and Development Collateral Management and Securities Lending at Euroclear, commented: “Euroclear has long been a trusted partner in the global collateral ecosystem, delivering efficient and resilient post-trade services. We are now actively exploring how our expertise can be extended into tokenized assets and digital collateral solutions.”
Kelly Mathieson, Chief Business Development Officer at Digital Asset, added: “We are excited to collaborate with Euroclear on this initiative to explore the future of digital collateral mobility. The Global Collateral Network has the potential to revolutionize collateral management by enabling real-time, compliant, and interoperable asset mobility across both traditional finance and digital markets. This is a significant step toward unlocking the full potential of tokenization across new crypto capital markets.”
This collaboration aligns with Euroclear’s broader efforts to support digital asset adoption and highlights growing institutional interest in blockchain-based financial solutions.
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