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Major Banks Sign on as DTCC Launches Tokenized Securities Service

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: The Depository Trust & Clearing Corporation has launched a blockchain tokenization service connecting Wall Street’s traditional securities infrastructure with digital markets, opening a new channel for assets held within a custody operation overseeing more than $114 trillion in securities. Wall Street’s $114 Trillion Custody Giant Enters Tokenization On Wednesday, DTCC told Bitcoin.com News that the […] Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Long-term (1 quarter-1 year) Reasoning: Institutional adoption of tokenization is positive but won't immediately impact crypto markets.

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Major Banks Sign on as DTCC Launches Tokenized Securities Service — Crypto Insight