Morgan Stanley and Chainlink advance tokenization – But will demand follow?

The trend of moving towards tokenizing traditional markets is accelerating as large financial organizations begin to implement blockchain-based systems. Morgan Stanley has begun its transition to implementing such technology, joining forces with DTCC by utilizing its new tokenization service. In fact, DTCC launched its DTC Tokenization Service (DTS) into live production on the 28th of October. The service utilizes blockchain technology to convert securities held by DTCC clients into custody into tokens. If successful, it could increase the liquidity of equities and facilitate better usage of collateral in lending transactions.