DTCC Prepares 1.4 Million Securities for Tokenization
US-based financial infrastructure provider DTCC has enabled all securities in its custody to be ready for blockchain-based tokenization, according to NADA News.
Summary
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Terms & Concepts
Tokenization: The process of converting the ownership rights of real-world assets into digital tokens on a blockchain.
DTCC (Depository Trust & Clearing Corporation): A US financial infrastructure firm that provides clearing, settlement, and custody services for securities.