DTCC to Launch Stock Tokenization Service in October

The post DTCC to Launch Stock Tokenization Service in October appeared first on Coinpedia Fintech News

The Depository Trust & Clearing Corporation (DTCC) plans to launch a stock tokenization service in October on the Canton Network. The service will allow institutional investors to tokenize shares of major Russell 1000 companies, including Nvidia, Apple and Microsoft, and transfer them between approved wallets. The launch follows a pilot involving 40 financial firms, including …