Morgan Stanley Tokenizes US Stocks and Treasuries Through DTCC’s New Service
🚀 Morgan Stanley has successfully tokenized US stocks and Treasuries using the newly launched DTCC Tokenization Service, becoming one of the first banks to do so.
🔗 The tokenization process involves converting securities held at DTCC into tokens, which are backed one-to-one by the actual assets and carry the same legal rights.
📅 The bank plans to support trading of tokenized US stocks by early 2027, anticipating a significant market for tokenized real-world assets valued between $3 trillion to $10 trillion by 2030.
🚀 Morgan Stanley has successfully tokenized US stocks and Treasuries using the newly launched DTCC Tokenization Service, becoming one of the first banks to do so.
🔗 The tokenization process involves converting securities held at DTCC into tokens, which are backed one-to-one by the actual assets and carry the same legal rights.
📅 The bank plans to support trading of tokenized US stocks by early 2027, anticipating a significant market for tokenized real-world assets valued between $3 trillion to $10 trillion by 2030.