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Morgan Stanley says it is among first to tokenise assets on DTCC service

Morgan Stanley says it has begun using the Depository Trust & Clearing Corporation's new Tokenization Service to create digital representations of US equities and Treasury securities.

Why it matters: It puts a Wall Street bank's live workflows onto blockchain rails, a test of whether tokenised securities can scale inside mainstream market infrastructure.

InvestIn.News NewsDesk · 1 min read
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Picture from Bitcoin.com News for: Morgan Stanley says it is among first to tokenise assets on DTCC service
Image: Bitcoin.com News
Original reporting: Terence Zimwara, Bitcoin.com News

Key points

  • Morgan Stanley announced the move on 4 Nov, after DTCC's service launched on 28 Oct.
  • Amy Oldenburg, Morgan Stanley's head of digital assets strategy, said the work will inform the firm's digital asset development.

Morgan Stanley says it is among the first major financial institutions to tokenise real-world assets through the Depository Trust & Clearing Corporation's new Tokenization Service. The bank announced the step on 4 Nov, after the DTCC platform's commercial launch on 28 Oct.

The firm is using the service to create tokenised representations of US equities and US Treasury securities, linking regulated instruments to distributed ledger networks. The DTCC platform processes securities held in custody by the Depository Trust Company and initially connects to the Canton Network and DTCC's private Besu blockchain.

According to the DTCC, the service targets three goals: improving asset liquidity, making collateral easier to move, and cutting operational overhead and settlement friction. Morgan Stanley's adoption is presented as part of a wider shift by banks from trial projects to live operational workflows.

Industry watchers see the DTCC service as a test of whether blockchain can scale within traditional finance's core plumbing.

Read the full story on Bitcoin.com News

Live updates on NewsFeeds:MacroDesk editor: Keshav Aggarwal (accountable for this page; this summary was not edited by hand)

How this was produced: an AI model wrote this summary of Bitcoin.com News’s report, which we credit and link above. Read our Editorial and AI policy. Spotted a mistake? See Corrections.

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