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StoneX Says DTCC Tokenization Launch Could Benefit Securitize

(1 day ago) · 1 source · Summarized by CryptoBipto

StoneX has commented that the DTCC's launch of tokenization services could accelerate broader adoption of tokenized assets. The firm suggested that Securitize, a digital asset securities company, could be among the beneficiaries of this development.

WHY IT MATTERS

Think of the DTCC as the behind-the-scenes plumbing of the U.S. stock market — when you buy or sell a stock, the DTCC helps make sure the trade actually settles and ownership is properly transferred.

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SOURCES

  • theblock.co

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