DTCC Open to Interoperability in Tokenization Efforts, Digital Assets Head Says
The Depository Trust & Clearing Corporation (DTCC) is reportedly open to interoperability in its tokenization efforts. According to reports, the financial giant is not building "walled gardens" for tokenization. The development suggests a collaborative approach to digital assets, though further details were not provided in the source. Tokenization involves representing real-world assets on a blockchain, potentially increasing efficiency and accessibility in financial markets. Interoperability is considered important for the widespread adoption of blockchain technology, as it allows different systems to communicate and share data.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.