Wall Street backbone DTCC brings $30 trillion securities closer to blockchain with major banks
Summary
Major financial institutions are adopting a new tokenization platform to bridge traditional assets with distributed ledger technology. Prominent Wall Street banks have joined the initiative, which aims to bring trillions of dollars in securities onto blockchain infrastructure.
DTCC's tokenization service went live on Canton Network and private chain Besu, with JPMorgan, Citi and Morgan Stanley among 20 firms signed up.
Source: Read the full story at CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
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