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 within the traditional finance sector. Tokenization, the process of representing real-world assets on a blockchain, is gaining traction as a way to improve efficiency and transparency in financial markets. 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 within the traditional finance sector. Tokenization, the process of representing real-world assets on a blockchain, is gaining traction as a way to improve efficiency and transparency in financial markets. Interoperability is considered crucial for the widespread adoption of tokenized assets, allowing different platforms and systems to communicate and share data seamlessly.