DTCC Expands Into Blockchain for Tokenized Finance
The Depository Trust & Clearing Corporation announced a series of partnerships with multiple Layer 1 blockchain networks to develop infrastructure for the growing tokenized finance sector.
➤ DTCC is partnering with multiple Layer 1 blockchain networks to build infrastructure for tokenized finance, aiming to integrate blockchain into core capital market operations. ➤ The initiative will focus on blockchain-powered systems for securities settlement, dividend payments, and corporate actions, leveraging existing decentralized infrastructure for scalability and security. ➤ This move signifies institutional momentum for tokenized assets, with expectations of faster settlements, lower costs, and increased transparency, despite ongoing regulatory and interoperability challenges.