DTCC Unveils New Tokenization Service for Real-World Assets

DTCC's new tokenization service aims to bring $30 trillion in assets on-chain. Here's how it could reshape finance. The Depository Trust & Clearing Corporation (DTCC) recently launched a tokenization service that could potentially bring up to $30 trillion in real-world assets on-chain. Initially focused on 25 securities, including U.S. Treasuries, equities, and ETFs, this service is built on permissioned blockchain networks like Canton and Hyperledger Besu. This development could significantly reshape institutional finance, enhancing efficiency and accessibility for investors, as highlighted in a recent tweet by KuCoin.