The Depository Trust & Clearing Corporation (DTCC) is reportedly open to interoperability in its approach to tokenization. According to reports, the financial services company is not creating "walled gardens" for tokenization. The development suggests a collaborative approach to digital assets, though further specifics were not disclosed. Tokenization, the process of representing real-world assets on a blockchain, is gaining traction in the financial industry as a way to increase efficiency and transparency. Interoperability is considered crucial for the widespread adoption of tokenized assets, allowing different platforms and systems to communicate and share data seamlessly.

The Depository Trust & Clearing Corporation (DTCC) is reportedly open to interoperability in its approach to tokenization. According to reports, the financial services company is not creating "walled gardens" for tokenization. The development suggests a collaborative approach to digital assets, though further specifics were not disclosed. Tokenization, the process of representing real-world assets on a blockchain, is gaining traction in the financial industry as a way to increase efficiency and transparency. Interoperability is considered crucial for the widespread adoption of tokenized assets, allowing different platforms and systems to communicate and share data seamlessly.