DTCC Sets Plans for October Tokenized Securities Launch
Cointelegraph
The DTCC plans to launch tokenized securities in October, supported by a coalition of over 50 major TradFi and DeFi firms.Summary
The Depository Trust & Clearing Corporation (DTCC) is set to launch a new service for tokenized securities in October, following a pilot phase starting in July. This initiative involves over 50 prominent TradFi and DeFi organizations, including BlackRock, Circle, and Fireblocks, aimed at bringing real-world assets on-chain while maintaining traditional investor protections. The service, authorized by the SEC, will focus on liquid assets such as ETFs, Treasury bills, and bonds, marking a significant step toward modernizing market infrastructure through blockchain-based settlement.
(Source：Cointelegraph)