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DTCC completes first tokenized-securities trial on Canton and Besu networks


DTCC completes first tokenized-securities trial on Canton and Besu networks

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DTCC, the securities custodian managing over $114 trillion, completed conversion of stocks, ETFs and Treasuries into digital tokens on the Canton Network using Hyperledger Besu, marking its first formal step into tokenization. This protocol update is a major institutional adoption signal for crypto tokenization and could reduce settlement risk while improving interoperability for DeFi, DEX/CEX integrations and custody services.

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The leading securities custodian credited with managing over $114 trillion in securities, Depository Trust & Clearing Corporation (DTCC) has taken the first formal steps in its tokenization arc as the firm completed the conversion of stocks, ETFs and Treasuries into digital tokens on the Canton Network and its in-house Hyperledger Besu. Senior Bloomberg ETF analyst,...
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In This News

Coins

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