Lloyds Bank executes its first UK bond transaction using Tokenize deposits. 🔹 Lloyds Bank became the first bank in the UK to purchase government bonds (gilts) using tokenized deposits, in partnership with Archax and Canton Network. 🔹 The bank issues Tokenize deposits, which are used to purchase Tokenize gilts, and then the real money is transferred back into the Lloyds account. Lloyds says this model makes transactions faster and more transparent, while deposits still earn interest and are protected like traditional deposits.