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DTCC announced it will launch a tokenization service covering $114 trillion of assets, with CEO Frank La Salla confirming the timeline after over 30 firms completed live trades in July
8,999 posts · 4,619 accounts · +47263% vs the day before
- DTCC’s tokenization platform will initially handle $114 trillion in assets, per CEO Frank La Salla’s statement confirming the rollout after a pilot involving more than 30 firms in July[30]
- The service is set to cover the Russell 1000 index, extending tokenized equity capabilities to a broad market segment[30]
- Concurrently, NYSE disclosed a partnership with a blockchain provider to offer tokenized U.S. stocks and ETFs to its 44 million+ account holders, pending regulatory approval[60]
Posts cited
[30] Coin Bureau · @coinbureau ·
🇺🇸JUST IN: DTCC to officially launch its tokenization service for $114 TRILLION in assets. CEO Frank La Salla confirmed the timeline after more than 30 firms made live trades with tokenized assets in July. The service will cover Russell 1000 stocks, major index ETFs and US
Open on X[60] Cryptic · @cryptic_web3 ·
🔥 HUGE: @NYSE partners with @blockchain to bring tokenized U.S. stocks and ETFs to its 44M+ confirmed accounts. The planned NYSE digital venue will support 24/7 trading, fractional shares and onchain settlement, pending regulatory approval.
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