CoinScoopDTCC to Launch Tokenization Service for $114 Trillion in Assets
The Depository Trust & Clearing Corporation (DTCC) announced plans to launch a blockchain-based tokenization service for assets under its infrastructure, totaling approximately $114 trillion. CEO Frank LaSalla confirmed the initiative, which will cover assets such as the Russell 1000 and U.S. Treasury bonds. The NYSE is also reportedly developing similar infrastructure.
Summaries are written by AI from the original article. Not investment advice.