Morgan Stanley said it is among the first banks to tokenize real-world assets using DTCC’s service.
The service opened last week with 20 participating institutions, including JPMorgan and Citi.
Morgan Stanley has begun using the Depository Trust & Clearing Corporation's new tokenization infrastructure to tokenize real-world assets, joining a group of financial institutions that accessed the service after its launch last week.
The bank said it has tokenized U.S. equities and Treasurys through the service, making it among the first to do so, according to an X post.
"The hands-on experience of integrating tokenized securities with established market infrastructure will inform the continued development of the firm's digital asset capabilities as the market evolves," said Amy Oldenburg, Morgan Stanley's head of digital assets strategy.
The service opened last week with 20 participating institutions, including JPMorgan and Citi.
Morgan Stanley has begun using the Depository Trust & Clearing Corporation's new tokenization infrastructure to tokenize real-world assets, joining a group of financial institutions that accessed the service after its launch last week.
The bank said it has tokenized U.S. equities and Treasurys through the service, making it among the first to do so, according to an X post.
"The hands-on experience of integrating tokenized securities with established market infrastructure will inform the continued development of the firm's digital asset capabilities as the market evolves," said Amy Oldenburg, Morgan Stanley's head of digital assets strategy.
