The Depository Trust & Clearing Corporation (DTCC) is reportedly open to interoperability in its approach to tokenization. According to reports, the financial giant is not creating "walled gardens" for tokenization. The development suggests a collaborative approach to digital assets, though specific details were not disclosed. Interoperability is considered crucial for the growth and efficiency of blockchain and distributed ledger technologies, as it allows different systems to connect and share data. This move by DTCC could foster broader adoption and innovation in the tokenized asset space.
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The Depository Trust & Clearing Corporation (DTCC) is reportedly open to interoperability in its approach to tokenization. According to reports, the financial giant is not creating "walled gardens" for tokenization. The development suggests a collaborative approach to digital assets, though specific details were not disclosed. Interoperability is considered crucial for the growth and efficiency of blockchain and distributed ledger technologies, as it allows different systems to connect and share data. This move by DTCC could foster broader adoption and innovation in the tokenized asset space.
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