DTCC, together with JPMorgan, BlackRock, Goldman Sachs, and nearly 40 other institutions, is advancing the tokenization of equities and US Treasuries

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PANews July 15 news, citing The Wall Street Journal, that the Depository Trust & Clearing Corporation (DTCC) is moving forward with a Wall Street asset tokenization initiative, tokenizing assets such as Microsoft, SPY, QQQ, and U.S. Treasuries. Participating institutions include JPMorgan, BlackRock, and Goldman Sachs, among others. The relevant institutions plan to use tokenized assets for collateral transfer, repurchase agreement (Repo) transactions, and stock trading, aiming to improve capital efficiency, optimize settlement processes, and promote the tokenization/on-chain integration of traditional financial infrastructure.
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