Lloyds Bank issues tokenized deposits on the Canton network

as part of a pilot project, Lloyds Bank issued tokenized deposits on the Canton network to purchase tokenized UK government bonds from the UK digital asset broker Archax. Although the tokenized deposits were issued by Lloyds Bank, they were subsequently used by Lloyds Bank's Corporate Markets division to purchase government bonds. Afterwards, Archax transferred the tokenized deposits to its regular account at Lloyds Bank.