Explore what happens when the promise of bringing the highest quality liquid assets in the world onchain, meets real-world practice. Drawing on the results of live financing trades and direct input from market participants, this paper
examines:

• Why tokenised Treasuries are gaining traction now
• How industry players are collaborating to move from test to MVP and then scale
• What this means for collateral, liquidity, and risk management in the next 5 years.

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