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DTCC Tokenization Service Supports 25 Security Types

DTCC Tokenization Service Supports 25 Security Types

Photo: Coincu

The Depository Trust & Clearing Corporation’s tokenization service is set to launch with initial support for 25 types of securities, a bounded scope that signals a deliberate, phased approach to integrating distributed-ledger infrastructure into the backbone of U.S. post-trade markets, where DTCC already settles trillions in transactions annually. According to reporting on the rollout, the DTCC tokenization service will initially cover 25 categories of securities on blockchain infrastructure including Canton and Besu , rather than attempting a broad sweep across all asset classes at once.

Source: Coincu

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