DTCC Turns Tokenization into Reality: U.S. Trades Successfully Processed Using DTC-Tokenized Assets

DTCC is piloting the tokenization of stocks and Treasurys with JPMorgan, BlackRock, and other major firms ahead of a planned October launch.

JPMorgan will tokenize part of its Invesco QQQ Trust holdings held at DTCC, while Microsoft, Circle, and SPY shares will also be tokenized.