POPA ReconDTCC Launches Tokenization Pilot for Microsoft, QQQ Stocks and U.S. Treasury Bonds
DTCC Launches Tokenization Pilot for Microsoft, QQQ Stocks and U.S. Treasury Bonds According to the Wall Street Journal, DTCC has launched a securities tokenization pilot with nearly 40 financial firms and technology providers to test tokenization of stocks and U.S. Treasury securities. Related assets include Microsoft, Circle, QQQ, SPY, short-term Treasury ETFs, and Treasury bonds of various maturities. Participants include BlackRock, JPMorgan, Goldman Sachs, Vanguard and the NYSE. DTCC plans to formally launch tokenization services in October, with tokenized assets retaining the same owners…
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