DTCC launches tokenization service as Morgan Stanley joins effort
AI Summary- DTCC launched its Tokenization Service on Canton and private Hyperledger Besu, with Morgan Stanley among the first participating banks.
- The October 28 launch included 20 institutions and 34 securities, while DTCC's depository holds about $114 trillion in assets under custody.
- Morgan Stanley targets tokenized-equity support on its alternative trading system in Q1 2027, after previously targeting the second half of 2026.