Every few years, capital markets gets a headline everyone remembers. Zero-commission trading. GameStop phenomenon. Bitcoin ETFs approved. I believe today's launch of The Depository Trust & Clearing Corporation (DTCC)'s tokenized securities platform is another one of those defining moments. Excited that Chainlink Labs is helping write the next chapter as financial markets move onchain!
DTCC successfully processed production trades using DTC-custodied tokenized assets in a live environment, marking a significant milestone in the evolution of digital markets ahead of the DTCC Tokenization Service launch later this year. Read more: https://lnkd.in/eY77zF65
Andrew McCormick well said! 👏
Congrats to the team Andrew McCormick, this is huge. Keeping the same legal rights as the real asset while settling on chain is the part that matters, not just another wrapped token nobody trusts yet.