Morgan Stanley Among First Banks to Tokenize US Equities and Treasurys via DTCC
(3 hours ago) · 1 source · Summarized by CryptoBipto
Morgan Stanley is reportedly one of the first major banks to tokenize US equities and Treasury securities through a service offered by the Depository Trust and Clearing Corporation (DTCC). The initiative represents a significant step in bringing blockchain-based tokenization to traditional financial markets through established infrastructure.
WHY IT MATTERS
Think of tokenization like turning a paper deed for a house into a digital record that can be transferred instantly online.
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SOURCES
- theblock.co
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