Techub News reports that, according to CryptoBriefing, the U.S. Depository Trust & Clearing Corporation (DTCC) announced it will begin real-time trading of tokenized assets in July, with a full commercial rollout in October. The service is developed in collaboration with 50+ financial institutions and crypto companies, and covers assets such as the Russell 1000, ETFs, and U.S. Treasury bonds. It operates based on the SEC no-objection letter received last December and will run on an approved blockchain for three years, providing digital assets with legal protections equivalent to those of traditional assets. DTCC said this will support the digital transformation of the market, enabling features such as 24/7 trading and programmable finance.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin