The U.S. Depository Trust & Clearing Corporation will showcase on-chain trading of stocks, but there may be certain limitations on the scale.

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Golden Finance reports that the US Depository Trust & Clearing Corporation (DTCC), a giant of financial market infrastructure, plans to demonstrate this Wednesday a real-time stock trading process based on blockchain technology. The market believes that this technology could simplify the clearing, settlement, and record-keeping processes behind Wall Street stock trades, improving the efficiency of capital market operations. This test is seen as an important step in the traditional financial system’s exploration of on-chain securities infrastructure. However, the project’s initial scale remains relatively limited. After years of research and development, as one of the largest securities clearing organizations in the US, DTCC’s demonstration is more about verification than a comprehensive effort to move the stock market to blockchain.
Market participants say that although tokenized securities and on-chain settlement are considered to have the potential to lower costs and improve trading efficiency, the migration of traditional financial infrastructure to blockchain still faces challenges such as regulation, compliance, system compatibility, and coordination among market participants.
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