Update
DTCC Launches Tokenization Service on Blockchain
The Depository Trust & Clearing Corporation (DTCC), a major player in U.S. securities markets, has launched its tokenization service on the Canton Network and private chain Besu. The service, which supports select large-cap stocks, ETFs, and U.S. Treasury securities, is available to 20 firms including JPMorgan, Citi, and Morgan Stanley. The launch represents a significant step towards integrating blockchain technology into the U.S. securities market infrastructure, which currently handles over $114 trillion in securities.