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Canton Network and DTCC Move $30 Trillion in Securities to Blockchain
(4 hours ago) · 1 source · Summarized by CryptoBipto
The Canton Network, a blockchain infrastructure project, has partnered with DTCC, the major U.S. securities clearinghouse, to bring approximately $30 trillion worth of securities onto blockchain technology. The initiative represents one of the largest efforts to tokenize traditional financial assets using distributed ledger technology.
WHY IT MATTERS
Think of DTCC as the behind-the-scenes bookkeeper for almost every stock and bond trade in the United States.
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SOURCES
- cryptonews.com
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TokenizationInstitutional AdoptionTraditional FinanceDTCCCanton Network
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