Morgan Stanley Becomes One of the First Banks to Adopt DTCC's Tokenization Services
1 hours ago
Morgan Stanley announced in a statement that following the launch of the Depository Trust & Clearing Corporation (DTCC)’s Tokenized Services (DTS), the bank is among the first batch of institutions to tokenize real-world assets (RWA) via this service, having converted some US stocks and US Treasury securities into tokenized forms. DTS was rolled out on October 28 by the Depository Trust Company (DTC), a DTCC subsidiary, which generates corresponding tokens for securities held in DTC custody, with the goal of boosting asset liquidity, facilitating collateral transfers, and enhancing capital efficiency.
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