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DTCC to run first live tokenized asset trades in July, eyes October rollout

Crypto Briefing
The DTCC will launch live tokenized asset trading in July, with a full commercial rollout scheduled for October following SEC clearance.

Summary

The Depository Trust & Clearing Corporation (DTCC) is set to launch live tokenized asset trading this July, aiming for a full commercial rollout by October. Backed by over 50 major financial firms—including BlackRock, Goldman Sachs, and JPMorgan—the initiative utilizes regulatory approval from the SEC to bridge traditional finance with digital markets. The service will operate on approved blockchains, providing traditional assets like US Treasuries and index ETFs with digital security, enhanced liquidity, and 24/7 trading capabilities.

(Source:Crypto Briefing)