Depository Trust & Clearing Corporation
Coverage of Depository Trust & Clearing Corporation in the Nexus archive.
- SEC Prepares to Open the Door to Tokenized Stocks: Report
The US Securities and Exchange Commission is preparing to allow digital, blockchain-based versions of publicly traded stocks to trade on crypto platforms. This move would create a lighter regulatory pathway for platforms offering digital representations of equities. The SEC plans to release an innovation exemption for tokenized securities as early as next week.
- DTCC eyes October tokenized securities launch with 50 DeFi and TradFi giants
The Depository Trust & Clearing Corporation plans to launch tokenized securities in October, partnering with 50 DeFi and TradFi giants. This move aims to position tokenization as the future of the existing financial system, leveraging the corporation's $114 trillion in custodied liquid assets. The launch is expected to significantly impact the financial industry.