Morgan Stanley Among First to Adopt DTCC’s Tokenization Service

Morgan Stanley said it is among the first major financial institutions to tokenize real-world assets using the Depository Trust and Clearing Corporation’s newly launched Tokenization Service. Wall Street giant Morgan Stanley announced Nov. 4 that it is among the first major financial institutions to tokenize real-world assets (RWAs) following the official debut of the Depository Trust & Clearing Corporation Tokenization Service (DTS). The move marks a major leap forward in bringing mainstream financial instruments onto digital rails. According to the firm, Morgan Stanley has begun utilizing the platform to create tokenized representations of U.S. equities and U.S. Treasury securities .

Also reported by Unchained.

Source: Bitcoin.com News