DTCC Launches Tokenized Securities Trading

The Depository Trust and Clearing Corporation (DTCC) is set to revolutionize securities trading this summer with tokenized assets, starting limited production trades in July and full service in October. This move, involving over fifty financial firms, will bring blockchain technology to their vast $114 trillion custodied assets, focusing on highly liquid securities. DTCCs core role in U.S. stock and bond trades could bridge traditional finance and decentralized finance, boosting liquidity, transparency, and efficiency. This follows regulatory approvals and partnerships with firms like Computershare and Securitize, positioning DTCC as a leader in digital innovation. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/d18800426bdde4e4