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Morgan Stanley among first banks to use DTCC tokenisation service

NewsFeeds update

Morgan Stanley said it is among the first banks to tokenise real-world assets through DTCC's tokenisation service, launched on 28 October, having converted US equities and US Treasuries into tokenised form.

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The story so far: DTCC tokenisation service launch

DTCC opened its tokenisation service with 25 tokenisable securities backed by about $30tn of DTC-custodied assets, initially on Canton Network's CIP-56 and its private Besu ERC-20. Ondo Finance joined as an ecosystem partner, and Chainlink supported the launch. Societe Generale has moved $10m of tokenised US…

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  1. Morgan Stanley among first banks to use DTCC tokenisation service

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