DeFi
Morgan Stanley Among First to Adopt DTCC's Tokenization Service
Morgan Stanley said it is among the first major financial institutions to tokenize real-world assets using the Depository Trust and Clearing Corporation’s newly launched Tokenization Service. Key Takeaways Morgan Stanley said it the among first banks to tokenize U.S. equities and Treasuries via DTCC’s new DTS platform. Launched on Oct. 28, DTCC’s DTS platform targets three core goals to boost institutional market liquidity. Analysts view Morgan Stanley’s 2024 deployment as a crucial first test for scaling tokenized assets. Digitizing Legacy Instruments Wall Street giant Morgan Stanley announced Nov. 4 that it is among the first major financial institutions to tokenize...
Bitcoin News6 min read
