Ondo Finance (ONDO), an altcoin frequently chosen by institutional investors and a prominent name in the tokenization space, has joined the DTCC working group to develop tokenization standards. According to an official statement, the Depository Trust & Clearing Corporation (DTCC) has formed an industry working group to promote the tokenization of U.S. capital markets. As such, DTCC announced the official selection of Ondo as a partner in the industry working group established to develop tokenization standards for U.S. capital markets. OnDo Finance also announced in a post from its X account that it was selected for the DTCC industry working group and will participate in the development of tokenization services.

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