Aberdeen, Lloyds and Archax Execute UK's First FX Trades Using Tokenized RWAs on Hedera
- —Aberdeen, Lloyds Bank and Archax completed the UK's first FX trades collateralized by RWAs
- —The trades were settled on the Hedera network
- —First such case for the UK banking sector
Why it matters: Major UK banks using tokenized assets in FX settlement signals growing institutional demand for blockchain infrastructure in traditional finance.
Source: Coinfomania