DTCC moves tokenized securities into live trading, marking a milestone for Wall Street's blockchain push
DTCC's first live production trades using tokenized securities show how blockchain could reshape the infrastructure behind Wall Street.
AI Summary
DTCC processed live production trades of tokenized stocks, ETFs, and U.S. Treasurys, involving major institutions like JPMorgan, Goldman Sachs, BlackRock, and Vanguard. The pilot demonstrated blockchain's potential for collateral, repo, and equity transactions while preserving traditional legal ownership rights. This milestone paves the way for DTCC's planned tokenization service launch in October.