DTCC's tokenization service goes live on Canton and Besu
DTCC has gone live with its tokenization service on the Canton Network and its private Besu blockchain, backing 34 securities representing roughly $30 trillion in market value across large-cap stocks, ETFs and U.S. Treasuries. JPMorgan, Citi and Morgan Stanley are among the 20 firms signed up, moving the post-trade giant's securities toward blockchain-based settlement.
Sources
- NEW: @The_DTCC goes live with its tokenization service, backing 34 securities representing $30T in market value on the @CantonNetwork and its private Besu blockchain covering large-cap stocks, ETFs and U.S. Treasuries. https://t.co/QMwq9d1FAqx.com ↗
- Wall Street backbone DTCC brings $30 trillion securities closer to blockchain with major bankscoindesk.com ↗
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