Wall Street’s Plumbing Goes Onchain as Morgan Stanley Tokenizes Securities
Summary
Morgan Stanley has converted traditional American stocks and government bonds into digital tokens using a new platform developed by the DTCC. This infrastructure upgrade allows multiple major financial institutions to process securities transactions onchain.
Morgan Stanley says it has converted U.S. equities and Treasuries into tokenized form through the newly launched DTCC Tokenization Service, which 20 Wall Street firms have signed up to use.
Source: Read the full story at Decrypt
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