Morgan Stanley becomes one of first banks to tokenize U.S. stocks, Treasuries through DTCC

Morgan Stanley has begun tokenizing U.S. equities and Treasury securities through DTCC's newly launched service, becoming one of the first banks to use the infrastructure. Morgan Stanley has tokenized U.S. equities and Treasury securities through DTCC's new blockchain-based tokenization service. DTCC launched the service on October 28 with 20 participating institutions, including JPMorgan, Citi, Bank of America and Morgan Stanley. The service allows eligible institutions to create digital representations of securities held in DTC custody while preserving existing ownership rights. Morgan Stanley separately plans to support tokenized equity trading through its alternative trading system in Q1 2027.

Source: crypto.news