DTCC Turns On Its Tokenized Securities Service for 20 Clients, Meeting Its October Target
AI summary
The Depository Trust Company has launched its tokenized securities service for 20 clients, meeting its October target. Clients can tokenize securities held at DTC on the Canton network or a private Besu network, with 34 securities eligible at launch. The move matters because DTCC sits at the center of US securities settlement, so tokenization there signals real institutional infrastructure rather than a pilot, a modest positive for tokenization and RWA narratives.
Narrative history
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1H AGOYou’re reading thisDTCC Turns On Its Tokenized Securities Service for 20 Clients, Meeting Its October TargetUnchained · Score 55
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17 OCT · 07:32The Defiant · Score 55 · via DTCC, Besu
