DTCC
Morgan Stanley Joins DTCC Tokenization, Chainlink Expands Exchange Data
On October 28, DTCC launched a tokenization service for U.S. securities, with Morgan Stanley signing an access agreement. At the same time, Chainlink expanded quote streams for Asian stocks in markets worth over $40 trillion. We explain why this is an infrastructure development rather than proof of mass demand for tokenized assets.
DTCC Launches Securities Tokenization with Participation from Major Wall Street Banks
DTCC has launched a securities tokenization service involving 20 leading financial organizations, including JPMorgan and Citi. The new platform combines traditional depository infrastructure with blockchain and opens up opportunities for accelerating asset transactions.