Lookonchain APP

App Store

DTCC plans to demonstrate blockchain-based real-time stock trade settlement processes this week.

2026.07.13 21:38:19

The Depository Trust & Clearing Corporation (DTCC) plans to demonstrate blockchain-powered real-time stock trading processes this Wednesday. Market participants believe this technology can streamline the clearing, settlement, and record-keeping workflows underlying Wall Street stock trades, boosting capital market operational efficiency. The test is viewed as a key step for traditional financial systems in exploring on-chain securities infrastructure. However, the project remains limited in scale during its initial phase. After years of research and development, DTCC—one of the largest U.S. securities clearing institutions—this demonstration is more of a verification exercise rather than a full-scale push to migrate the entire stock market to blockchain. Analysts note that while tokenized securities and on-chain settlement are seen as having the potential to reduce costs and enhance trading efficiency, migrating traditional financial infrastructure to blockchain still faces challenges including regulation, compliance, system compatibility, and coordination among market participants. Earlier, Joseph Spiro, DTCC’s Director of Digital Asset Products, said in a May webinar that DTCC plans to launch its tokenized services this year, will demonstrate relevant use cases in a production environment in July, and officially roll out the service in October.

Relevant content

With the release of Non-Farm Payrolls (NFP) data imminent, spot gold’s intraday gain has widened to 2%.

According to Bitget's market data, ahead of the release of non-farm payrolls (NFP) data, the intraday gain of spot gold has expanded to 2%, and it is currently trading at $4,325.27 per ounce.

9 minutes ago

QCP: Bitcoin’s upside momentum remains limited, with macro variables acting as a key constraint.

QCP Capital noted in a report that Bitcoin has rebounded from its weekly low of around $62,500 and is currently trading in a range near $64,000. What’s more notable about this rally is not the momentum itself, but the pressure the market has absorbed: Strategy sold 1,638 Bitcoin for approximately $105 million; meanwhile, reported losses from the Coldcard security incident have risen to around $110 million. Neither of these events caused Bitcoin’s price to sustain a drop below key levels. The options market also reflects similar calm sentiment: front-end implied volatility remains at the lower end of the recent range, and downside skew has eased, despite the still complex macro environment. U.S. manufacturing picked up in July, but labor market indicators softened. JOLTS job openings fell to 7.36 million, and ADP employment added only 44,000, making today’s U.S. jobs report the market’s focus. At the same time, uncertainty over the Strait of Hormuz has pushed Brent crude back above $83 per barrel. Japan remains another key liquidity variable: after joint interventions to support the yen, the Bank of Japan still holds roughly half of outstanding Japanese government bonds as domestic yields rise, and the impact of Japan’s funding conditions extends far beyond the foreign exchange market itself. For the crypto market, the key distinction remains: resilience has improved, but momentum is still limited. Macro liquidity, energy markets, and the timeline for U.S. digital asset legislation remain core variables to watch.

9 minutes ago

Temasek discloses holding 9.8 million Class A shares of SpaceX.

According to documents disclosed by the U.S. Securities and Exchange Commission (SEC), Temasek Holdings has reported holding 9.8 million Class A shares of SpaceX (SPCX.O).

9 minutes ago

Unlucky hacker suffers total loss: Paid over $370,000 in fees when exchanging WETH with maximum slippage.

According to monitoring by The Data Nerd, a hacker stole $500,000 worth of assets from a victim’s wallet, then immediately swapped the stolen funds for WETH at maximum slippage. During the process, the attacker incidentally paid over $370,000 in fees, ultimately receiving only 67.92 WETH, valued at approximately $129,000.

9 minutes ago

Unitree Robotics responds to robot sales ban: It will not affect sales of its existing core products.

According to a report from China Securities News, at the online investor exchange meeting for Unitree Technology’s STAR Market listing, an investor asked about the impact of the U.S. robot sales ban. Fu Fenghua, secretary of Unitree’s board of directors, responded that all of the company’s currently available main models—including humanoid robots G1, H2, R1 and quadruped robots Go2, B2, A2—have obtained FCC certification and fall under the category of advanced robotic equipment specified in the relevant announcement. Therefore, the policy change will not affect the continued sales of the company’s existing core products in the U.S. market for now.

9 minutes ago

Trump to Meet with Crypto Mining Company Executives

According to CCTV International News, US President Donald Trump will convene executives from some of the world’s largest mining companies at the US State Department on local time August 7, aiming to take action to "ensure the supply of critical minerals for the United States and its allies". Reuters reports that the US is currently in urgent need of critical minerals to replenish its weapons stockpiles depleted during the conflict with Iran. Expected industry giants to attend include global mining leader Rio Tinto, Australia’s BHP Group, US-based Freeport-McMoRan Copper & Gold, US’s Mountain Pass Materials, US Rare Earths, US Energy Fuels, and Canada Metal Company, among others. According to sources, the Trump administration plans to announce multiple transactions and memoranda of understanding (MOUs).

9 minutes ago