With more than approximately $114 trillion in assets under custody, DTC has launched its securities tokenization service, and Morgan Stanley is among the first banks to use it.
Around 10-28, DTC launched its Tokenization Service, which mints digital twins of securities already held in custody, allowing them to be converted back and forth between traditional book-entry form and token form.
Around 11-03, Morgan Stanley said it had used the service to tokenize U.S. equities and Treasury securities.
At launch, 20 DTC participant institutions signed access agreements. The list also includes JPMorgan Chase, Citi, Bank of America, and Fidelity. The service currently connects to the Canton network and DTCC’s own private Besu network.
The digital twins still correspond to the original securities held in DTC custody, with rights and investor protections following traditional standards.
One bank’s use of the service ≠ all 20 institutions having completed tokenization, and ≠ tokenized stock trading being fully available to customers.
#代币化 #RWA #Custody
Around 10-28, DTC launched its Tokenization Service, which mints digital twins of securities already held in custody, allowing them to be converted back and forth between traditional book-entry form and token form.
Around 11-03, Morgan Stanley said it had used the service to tokenize U.S. equities and Treasury securities.
At launch, 20 DTC participant institutions signed access agreements. The list also includes JPMorgan Chase, Citi, Bank of America, and Fidelity. The service currently connects to the Canton network and DTCC’s own private Besu network.
The digital twins still correspond to the original securities held in DTC custody, with rights and investor protections following traditional standards.
One bank’s use of the service ≠ all 20 institutions having completed tokenization, and ≠ tokenized stock trading being fully available to customers.
#代币化 #RWA #Custody
