DTCC plans to launch a tokenization service for real-world assets worth $114 trillion, signaling institutional adoption of blockchain infrastructure.
Regulation & Gov ·
The Depository Trust & Clearing Corporation, which handles transaction clearing for NASDAQ, is moving forward with a tokenization service targeting real-world assets worth $114 trillion, per statements from its chief executive. The initiative represents a step toward bringing blockchain-based infrastructure into institutional asset management at scale.