DTCC to launch blockchain tokenization service for $114 trillion in assets

  • DTCC said it will soon launch a blockchain-based asset-tokenization service.
  • $114 trillion in assets across DTCC’s infrastructure will be covered.
  • Russell 1000 stocks and U.S. Treasuries are among the cited assets.

DTCC, the central U.S. institution responsible for securities clearing and settlement, said on the 25th that it will soon launch a blockchain-based tokenization service for $114 trillion in assets handled across its infrastructure. CEO Frank La Salla disclosed the plan, which extends blockchain-based asset representation into core post-trade systems rather than limiting it to startup-led experiments. The assets cited include Russell 1000 stocks and U.S. Treasuries, while NYSE is also planning similar infrastructure.

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