A major financial milestone has been reached in the United Kingdom with the execution of the very first FX trades utilizing tokenized RWAs as collateral.

This pioneering transaction saw @LloydsBank and @Aberdeen_plc exchange a tokenized money market fund alongside tokenized UK gilts. The entire process was powered by the Hedera network, while @ArchaxEx assumed responsibility for issuing, transferring, and holding the digital tokens.

Video featuring Michael Donaldson from Aberdeen.