The Depository Trust & Clearing Corporation (DTCC), the central institution responsible for securities settlement and clearing in the United States, announced on the 25th that it will soon launch a blockchain-based tokenization service for assets worth $114 trillion managed by its infrastructure. This was revealed by the company's CEO, Frank La Salla, and reported by outlets such as Coin Bureau.
DTCC plays a crucial role in recording post-trade entitlements and completing settlements, distinguishing itself from startups in the experimental phase. The company...