DTCC launches tokenized stock and Treasury trades with JPMorgan, BlackRock and Goldman
The DTCC has completed its first production-level tokenized stock and Treasury trades involving JPMorgan, BlackRock, and Goldman Sachs, according to the Wall Street Journal. JPMorgan will tokenize part of its Invesco QQQ Trust holdings held at DTCC, while shares of Microsoft, Circle, and SPY are also being tokenized. The move marks a significant step in bringing traditional financial assets onto blockchain infrastructure.
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