DTCC tokenization service officially goes live, supporting 34 securities

The Depository Trust and Clearing Corporation's tokenization service has officially launched, per its website, initially supporting 34 securities for tokenization including large Russell 1000 constituents, ETFs and US Treasuries. JPMorgan, Citi, Bank of America and Morgan Stanley were among 20 participating firms. Tokens are backed 1:1 by underlying securities held at DTC, carrying the same legal and ownership rights.

Detected & updated continuously · Source: Nebula