Ondo Joins DTCC’s Newest Tokenization Initiative
Ondo Joins DTCC’s Newest Tokenization Initiative DTCC has gone live with its DTC Tokenization Service, running the first production trades of tokenized Russell 1000 stocks, major ETFs and US Treasuries — and Ondo Finance issued the first tokenized shares built on it. The initiative spans 40+ firms, including BlackRock, JPMorgan, Goldman Sachs, Nasdaq and NYSE. DTCC turns DTC-held securities into onchain “digital twins” that keep the same ownership, dividend and governance rights and convert back at will. Limited production trades are starting now, with a full commercial launch slated for Oct…
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