Today, Temple Digital Group participated in one of the first onchain US Treasury repo trades on the Canton Network through the DTCC’s tokenization service.
A tokenized version of a US Treasury security was financed against tokenized cash (Circle's USDCx) through Temple's RFQ platform and settled on the Canton Network, while the underlying security remained within DTC's existing book-entry framework.
The transaction, part of DTCC’s live production trades conducted on July 15, was conducted utilizing the DTCC Tokenization Service, which enables the issuance of tokenized representations (also referred to as digital twins) of real-world assets that can be delivered to DTC Participant wallets of choice.
Settlement was atomic and onchain between the counterparties' wallets, providing delivery-versus-payment in real time while legal ownership of the underlying Treasury security continued to be reflected through DTC's existing book-entry framework.
With the successful execution of this month's tokenized US Treasury repo transaction, Temple's focus turns to extending the Treasury work stream from spot to repo and intraday financing, and carrying the same execution and settlement architecture from tokenized Treasuries to tokenized securities in preparation for the expected October 2026 launch of the DTCC Tokenization Service.
DTCC successfully processed production trades using DTC-custodied tokenized assets in a live tokenized environment, marking a major milestone for digital markets ahead of the DTCC Tokenization Service launch later this year.
Read more: https://t.co/ermexcHXuv
Ember Gold (eXAU) and Ember Silver (eXAG) are now live for trading on @temple_ny.
Backed by fully allocated physical bullion, eXAU and eXAG bring gold and silver onchain through private spot trading on Canton.
Last week, Temple Digital Group's RFQ platform was used in the first live onchain US Treasury trade utilizing @The_DTCC Tokenization Service on the @CantonNetwork
https://t.co/5mCfDesFn3
A tokenized Treasury settled on Canton against tokenized cash with atomic, onchain delivery-versus-payment.
Next: Intraday financing and tokenized securities, ahead of October 2026.
Today, Temple Digital Group participated in one of the first onchain US Treasury repo trades on the Canton Network through the DTCC’s tokenization service.
A tokenized version of a US Treasury security was financed against tokenized cash (Circle's USDCx) through Temple's RFQ platform and settled on the Canton Network, while the underlying security remained within DTC's existing book-entry framework.
The transaction, part of DTCC’s live production trades conducted on July 15, was conducted utilizing the DTCC Tokenization Service, which enables the issuance of tokenized representations (also referred to as digital twins) of real-world assets that can be delivered to DTC Participant wallets of choice.
Settlement was atomic and onchain between the counterparties' wallets, providing delivery-versus-payment in real time while legal ownership of the underlying Treasury security continued to be reflected through DTC's existing book-entry framework.
With the successful execution of this month's tokenized US Treasury repo transaction, Temple's focus turns to extending the Treasury work stream from spot to repo and intraday financing, and carrying the same execution and settlement architecture from tokenized Treasuries to tokenized securities in preparation for the expected October 2026 launch of the DTCC Tokenization Service.
DTCC successfully processed production trades using DTC-custodied tokenized assets in a live tokenized environment, marking a major milestone for digital markets ahead of the DTCC Tokenization Service launch later this year.
Read more: https://t.co/ermexcHXuv