Global financial firms have completed the first cross-border, intraday repurchase agreement using tokenized UK government bonds on the Canton Network. This groundbreaking transaction involved digital versions of gilts, marking a significant milestone in the $2-trillion market by enabling real-time collateral movement across borders. The deal also featured the first cross-currency trade where tokenized gilts were exchanged against tokenized deposits in a non-British currency. Participants in this innovative transaction included major financial entities such as LSEG, Euroclear, DTCC, Tradeweb, Citadel Securities, and Societe Generale, alongside digital asset firms like Archax and Cumberland DRW. TreasurySpring integrated interest payments and risk terms into smart contracts linked to the trades. The initiative aligns with Canton's broader goal to enhance the utility of $300 trillion in global assets by tokenizing them on a blockchain, facilitating more efficient use of high-quality liquid assets as collateral.