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Crypto & Bitcoin

DTCC Subsidiary Launches Tokenization Services for Markets

Reported by Crypto Breaking News

Image: Crypto Breaking News

DTCC’s tokenization push just moved from planning to execution. On Wednesday, the Depository Trust Company (DTC)—a subsidiary of market infrastructure provider DTCC—said it has launched tokenization services that allow eligible users to mint tokenized representations of securities already held at DTC. DTCC’s offering, the DTCC Tokenization Service (DTS) , is designed to convert securities between traditional and tokenized forms while keeping the same underlying ownership rights and investor protections. DTCC says the service will support transfer of tokenized securities to digital wallets, positioning tokenization as an extension of existing post-trade workflows rather than a fully separate system.

This is an excerpt. The reporting belongs to Crypto Breaking News.

Read the full report on cryptobreaking.com

Also carried by CoinTurk News

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