BlackRock, Goldman and JPMorgan join DTCC pilot to test tokenized stocks

The Depository Trust & Clearing Corporation (DTCC) has launched a pilot with nearly 40 financial firms — including BlackRock, Goldman Sachs and JPMorgan — to test tokenized stocks and U.S. Treasuries. The initiative aims to explore whether blockchain-based tokenization can improve settlement and trading of traditional securities. It is one of the largest such pilots of real-world asset tokenization in the United States to date.